That is a great plan if you have deep pockets to cover payments and if you REALLY know your business and can maintain control of the property.

Buyer would name their new trustee and they would own and control the property at that time.The standard way to do this is to name yourself as the trustee and your entity as the beneficiary, then at closing, transfer the beneficial interest in the property to your buyer.

But after listening to Podcast 105 on asset protection I'm thinking it's better to "control" the LLC rather than "own".

After I get more properties in my portfolio, I will start testing out Property Managers until I find a good one, and put all my properties under PM control.  

(Prosper)Joint Venture.

Attorney has realistic client control and more influence over seller than you, in this case.Reduce your deal basic terms into about 7 essential line items, such as:1) Consideration2) Terms3) Possession4) Inspection 5) Title6) Escrow7) Buyers vestingNow that you've spooked the attorney, it will be harder to close.

Engage and prosper!

Your intentions to cover the debt are really irrelevant and in some cases are beyond your ability to control the situation.

You can't start self managing and control the cash etc. with no track record versus a company with 2,000,000 sq ft under it's portfolio and 30 years in the business and expect the CMBS lender to go for that.Some of the larger CMBS lenders we have worked with do billions a year in CMBS.        

I think we all have to continue to change and reinvent ourselves to survive and prosper.