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. 

As @minna reid stated, 203k is your best bet and having your homework done upfront will ensure you close on time....that being, selecting a good GC and having your bid thoroughly built out.

They still require you, the investor, to conduct proper due diligence and to keep your head on in case any challenges arise.

Hi, we have a 100 year old cottage on Webster Lake in Franklin New Hampshire under contract and need someone to look at the property with us to ensure its safety, viability and to do some work to it.Please let me know if you there is any body out there!

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. 

She asked my wife if there was a way for her to buy a house with our help, and ensure that we own the house so she can rent from us.We want to help her, and we get the asset in the end out of the deal.My problem currently is that I am studying for my Real Estate License, and I have a bunch of keywords at the forefront and I think I am over complicating it.So...if she buys the house with the mortgage in her name and just puts us on title thatd suffice?

I found something called Section 8 housing which can be very bad for investors if tenants are not screened properly I understand even with proper screening you will still get bad apples.

@Aaron Deane Many of the answers you are looking for can be found here:How to Effectively Conduct Joint Venture Agreements as a Real Estate Investor596231-how-do-i-properly-construct-a-purchase-with-a-partnership591376-create-an-llc-for-first-partnership-best-way-to-do-so526244-taking-on-partner-s-and-limiting-our-liabilitesGood luck!

I assume you’ll have it inspected to ensure there aren’t any unforeseen issues.

Thanks, @Michael Garofalo  What you're saying is that as long as my properties properly cash flow, a downturn shouldn't hurt things too much outside of an increased vacancy rate?