@Zeus Kang If you're going to a transaction on seller financing you should go through a long term escrow company.

Please do not hesitate to contact me at [Your Phone Number] or [Your Email Address] should you have any questions or require further clarification.Sincerely,[Your Name][Your Title, if applicable][Your Company, if applicable]Hope this helps.

Our Company has been buying notes for well over a decade.  

Once I hit 2 years, I buy another home I can move into and add value.

I know of the property and the owner's issues so this was an easy move for me.

@Marv Edelstein Congrats on making the move to multifamily!

You can learn more here:  IRA LLCYou are a disqualified party to your retirement account so you cannot transfer any assets you personally own or a company of yours owns into your retirement account.  

Rent collection, tenant communication, template leases, electronic lease signatures, marketing, tax form prep, move-in/move-out forms, automated email reminders, background/credit checks, this list goes on.  

My PM put in a 60 day to vacate notice and the HUD tenant never moved out.

He got his degree in Finance, founded his own company and he's not broke.