You pay a little higher rate for a 30 year but you gain control of the situation for that cost. 

In addition the GP can always make the call that now is not the time to sell.. or have a vote.. only one that would control an exit in reality is if the bank called the loan and you could not refi..

It takes away from property owners rights Rent control is a ham-handed manipulation of the marketplace, which will inhibit development and investment, and have the exact opposite result intended.

One thing I was thinking was I just take control of the property from her. 

@Blair Poelman Thats what I looked into, they tried sending me a sample and I needed a special program to even look at the sample so i wanted to see what other local investors were doing!

@Matt Shields, right now 6700 new units are being built in South Baltimore alone, crime is down this year, and the only reason why Baltimore is losing people is because the biggest voucher program in Baltimore called MBQ is forcing all new voucher holders to rent in opportunity areas, ie towns outside the city in Baltimore County areas with low crime, low unemployment, ie really nice areas where houses sell for 300K. 

This will be my first owner financed sale in California.The main goals: Control and protection, Ensuring that in the event of foreclosure the process is quick and non-judicial.Anyone who has carried back a note in this state who can share their insights would be much appreciated. 

No entry basement conversion complaint .CN196029Post name, address, and telephone of owner, owner's agent for managing, controlling or collecting rents, and any other person managing or controlling building conspicuously where accessible or visible to public way. (13-12-030)Building - No owner's I.D. sign posted .

@Josh Caldwell it might be worth having your attorney and CPA look into clauses that address taxation, foreign asset control regulations and economic impacts.

Then the property title would be transferred into the LLC, thus giving you checkbook control over this and any other assets you will purchase in it.Here are some of the Checkbook IRA benefits:Ability to execute transaction directly without going through custodian or IRA Administrator, simply by writing a checkEliminate transaction fees and asset based fees (you will need to pick the right custodian with proper fee structure, the company you will chose to do this for you will help you make that selection)Eliminate delays and 'red tape' that often comes with having a custodian handle every single transaction, you can act on best investment opportunities immediatelyHope this helps.