Any ideas on how I could come up with the remaining $50k? 

Equity payout to be $25,000 from my end-buyer's non-refundable option fee to be paid directly to the mortgage to bring the mortgage current with the remaining $75,000 to be paid at time of closing.  

I know in Delaware County, PA the taxes would be paid first then the remaining cash goes to the mortgage that is foreclosing.Assuming everything else is good with title, will the taxes be paid from the proceeds from the sale?

Yes I am financing the remaining with a traditional 30 year fixed loan. 

. - Leave untouched as much of the remaining land as possible - both for a greater feeling of privacy and exclusivity for the resort guests and owners, as well as for environmentally responsible development.Pulling all of the expense figures out of thin air, I would pay 125mil for the property.The main concern for due diligence would be environmental contamination from previous activity - both military and research facilities.

I'm remaining optimistic that I will have some luck with the current list I'm working.

Even a single-member LLC with no special election ("look through for tax purposes") will still remain - from a legal point of view - an legal entity in the form of an LLC.I don't know if this is confusing or not, but in a nutshell: one should always distinguish between the legal aspects and tax related aspects, especially when it comes to (legal) entities.Edit: ups, just realized that this thread is over a year old... oh well.

Things here in CA are very expensive; in essence, you can remain unlicensed in CA but be licensed elsewhere and operate in multiple states. 

Writers have opined on this forum before on this topic, but I remain confused.

The remaining 50% is left to cover debt service (just principal and interest, taxes and insurance are expenses).