@Gerald Harris If they are a legitimate hedge fund and solicit investors, then it should have a private placement memorandum (also known as a confidential information memorandum) (normally referred to as PPM or CIM, respectively).

Can anyone advise on a legitimate source for this funding or financing based on the deal?

Section 604 (a)(3)(E) & (F) of the Fair Credit Reporting Act states:item subsection “E” says…Intends to use the information as a potential investor or servicer, or current insurer, in connection with a valuation of, or an assessment of the credit or prepayment risks associated with, an existing credit obligationIn addition, subsection “F” says…Otherwise has a legitimate business need for information in connection with a business transaction that is initiated by the consumer or to review an account to determine whether the consumer continues to meet the terms of the account.The full document can be found here; http://www.consumer.ftc.gov/sites/default/files/ar...Does anyone have any instances they could not or should not do this? 

Like @Dean Letfus , I'm trying to rack my brain for parts of this city where you can legitimately achieve a 2% ratio on a consistent basis and the only parts of the city i can think where that may even look possible are areas I would not invest.  

Bryan,That's what tenant say when they don't have a legitimate reason to complain.

I doubt it.That doesn't mean we can't heap social opprobrium on the sleazy who take advantage of people and make life harder for legitimate operators.

Based upon what you are saying, I personally think it's a bad idea that will ultimately end in disaster for your son, based upon his medical condition and his inability to earn a legitimate and substantial enough income to cover any deficiencies should a tenant tear the place up or another significant repair is needed such as a new roof or a new heater.

I'm sure some have legitimate cases against their landlord, but I don't want to take a chance on them.

Hi @raji ahmedI have considered using Aution.com before as most houses for auction end up listed on their site, but I really wasn't sure about how legitimate it was and what the process would be like.

My biggest worry is the company isn't legitimate and then I end-up losing a great deal.