Wholesaling without a license is indeed considered illegal in various states, and that language you posted is tough to exempt wholesalers from, in my opinion.

The nefarious connotation you imply simply isn't mainstream.I'm as big a critic of misused language as anyone, but in this case, I think your understanding of the term "hacking" is out of line with the rest of society's.

@Daniel AntonettiIn general, not much you can do after closing.If you had made specific requests about the tenants in your sales agreement then you might be able to go after the previous seller for not complying.But, if you didn't have specific language in there, the owner is still able to renew leases.Even if you had Estoppel Letters, it wouldn't prevent the seller from doing something sneaky at the last second like signing a lower rent lease in exchange for doing fixes the seller didn't want to deal with out of pocket.

@Vickie BruceSorry for your loss...You should be able to follow probate proceedings and have it transferred to your name.The procedures will depend on if your mother had a will or not and the language on the deed.

I was reading the VT state tax laws and while the language somewhat confuses me it looks like I'm subject to their state income tax as well as the federal cap gains for my tax bracket.

Learning notes is more like learning a foreign language where the best way to do it is go and live in the country and immerse yourself in the culture.

In other words, you will live in the property as an owner occupied for at least 12 months.HUD has VERY strong contract language that you will have to sign. 

Unless you own free and clear, you need to have an attorney draft the appropriate language into your closing docs. 

Depends on the exact language of the lease.  

Also, I know that some states’ association of realtors promulgated forms for purchase and sale of homes include seller financing sections/language as well as promulgated seller financing addenda that you could potential use.