The longer the term the more difficult it will be to show that the tenant was not to ultimately end up  with the property. 

It seems to me the ultimate concern for you is saving the relationship, and that it may be worth $600 if you could only afford it...? 

An article written by a lawyer identifies that this is often a situation where the ultimate goal for the lender is to defraud and the victim's recourse of action is to seek a third-party mediator (real estate lawyer). 

I don't need the remaining $50K to live on so I'm left with a chunk of change that will ultimately be taxed if left unchecked. 

I know of many landlords unprepared to do what is necessary and ultimately been forced out of the business by bad tenants.

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I want to purchase rental or flip properties to ultimately replace my salary as a teacher to the tune of about 60K per year or at least 5K per month as my first goal.

And yes, ultimately, they can always find out who actually owns/controls the property.

The ultimate secret to a successful multi-unit modular project:It's quite simple yet often looked over...In order to meet the modular benefits of cost, schedule, quality and risk, engaging the modular manufacturer early in the design process is fundamental to a successful project.It really is imperative to have solid decision making and upfront planning when deciding to go modular.It's not like stick-built where decisions can be made well into the project.

There is no real issue ast o notes sold, it's generally about how astute the servicer is, not the ultimate holder of the note.