You're screwed.There is a better solution than what you suggest: a US trust which owns an S-Corp and one or more LLCs.

He definitely has a tech savvy, modern approach to marketing.I would also echo the suggestion of the BP podcast.  

I have read mixed reviews on most of them, and I believe the general consensus is that there are no good solutions on the market yet. 

What solution did you end up doing? 

Matt You can do your own taxesYou can do your own divorceYou can sell your own house without an agentI've been doing this since 1986, and when I get a motivated seller that needs a lease option, seller financing or cash solution, they dont care what I make.If they are motivated.Regarding the buyer, look on the MLS and you do not see many owner financed deals or lease 2 own deals in A B neighborhoods.Many will pay 3% for a great neighborhood, good schools, low crime, and to get out of that crappy apartment.AND making 3% in about 10 - 12 hours is a good payday!

@Bill Gulley,The whole "foreclosure rescue" thing has been outlawed for a few years now.Educated people know that when you approach someone facing foreclosure, whether you're talking short sale or some other solution, you make it clear to the seller that you make no guarantees, the lender must agree to any short sale, modification or other solution involving the loan itself, and that whatever you attempt may not resolve their situation favorably.That's called disclosure, also.

There is a lot on these topics here on BP, and a conversation with an expert in the field as well as with your CPA will be the best way for you to narrow things down to a solution that will best suit your particular situation and goals.

a depth of wisdom experience and the ability to cut through crap to get to the truth/answers/solutions and put things into  perspective, that is highly impressive.Third I vote to bring Dave Ramsey on, be a nice change of pace ...how is that one coming @Brandon Turner ...believe you were working on that, then K.Marie and Jay Hinrich right after that, be a good lineup for the first of the year :-)  

What we really would like to accomplish is for everyone in our group to drive their possible private money lenders to this person, who in turn will have a solution to pool every PML's funds into maybe a trust or a crowdfund that will allow for the board members of the network group to decide what properties we as a network group will purchase and then provide owner financing to our investors for.

Let me know if this solution works for you as my only intent is for all investors to benefit and although I am an intermediary, I have no intention of soliciting your business.