After the refinance with two in title I'd say the SAFE Act issues would slowly fade away when you have one partner buying out the other in jointly held title as a partnership arrangement, not sure yet, but that's my initial gut check, depends on how far they go in a partnership arrangement and there is the owner occupied argument too.Jose Rodriguez, need further information here

We held it for about 5 years, 4 of them with a tenant and positive cash flow.

Come hang out with us at the Studio City Investclub meeting held at the Sportsman Lounge.

I didn't like paying the fees to the broker that held my license.

If you held the property for income purposes but were to receive an offer to sell the property prior to your planned exit, if the present value of the offer exceeds the present value of the future cash flow, there might be a decision to make. 

Then if the 2nd deal is a different type and needed to be held in a different company - then set up your 2nd company.You can set up the companies yourself at the local consumer affairs office or you can pay a paralegal to set them up with all of the proper binders that you will need in the future.  

once they reached 18 they were able to own their own homes & investment properties/notes & we all split the K-1 interest/income annually.It does make for some interesting 'family meetings' as they play Monopoly trying to negotiate a larger % interest in the properties held etc.

there were 3 mortgages wiped out in foreclosure, but I held the tax lien, not wiped out in foreclosure.

The legal title is held by the seller merely to perfect his or her interests in the property in case the buyer fails to pay off the amount owed.

Estate Attorneys and Planners, Trust Companies, Nursing Homes, Realtors, Mortgage Companies who don't buy notes and tax accountants/ CPAs are good sources to tap into for locally held notes.