That's like saying that the suspect is in full control of the direction of a prosecution once they have been charged by the police. 

If you buy the note .. then you prosecute the foreclosure you can credit bid note value and all accrued interest etc.. and maybe the opening bid is higher than anyone will bid.. but you can also bid if there is competitive bidding and your credit bid is already in.. so just brings some cashiers checks with you up to what you will pay.OR buy the note and then release the debtor buy doing a deed in Lui.. you would take title with the buggered up issues but if its long term hold who cares right ??

While FREC isn't going out of their way to prosecute the gajillion and one of the the wholesalers here that doesn't mean they won't act on something thrown in their lap.  

If at any time during the term of this lease Lessee abandons the demised premises or any part thereof, Lessor may, at his or her option, enter the demised premises by any means without being liable for any prosecution therefor, and without becoming liable to Lessee for damages or for any payment of any kind whatever, and may, at his or her discretion, as agent for Lessee, re-let the demised premises, or any part thereof, for the whole or any part of the then unexpired term, and may receive and collect all rent payable by virtue of such re-letting, and, at Lessor’s option, hold Lessee liable for any difference between the rent that would have been payable under this lease during the balance of the unexpired term, if this lease had continued in force, and the net rent for such period realized by Lessor by means of such re-letting.

Now, people are being prosecuted for this fraud!

That's fraud and should be prosecuted.

I have never seen or heard of anyone being prosecuted for this.

Investing is not their job and the likelihood of someone like this being prosecuted for referring properties to someone would be very unlikely.I have seen some discussion about the legalities of someone offering a referral fee for deals, and I would say technically it would violate the RE laws if you pay that fee to an unlicensed person.

I don't know how often a reported occurrence is prosecuted, but it appears to be minimal.

Someone who moves out on day 336 a few times could likely be banned by HUD, no prosecution, just banned from secondary market loans, not good.....unless they have a reason like moving due to employment or other issues as there is the intent to game the system.