Start by conducting a title search to ensure the property is free of liens or legal disputes.

Your intermediary must be in place prior to the closing of the sale to provide the proper documentation.

If you need to modify the agreement, you need to keep track of the notices/addendums and then over time interpreting the lease becomes messy because the agreement is actually the sum total of ALL of those documents over time.

hi, make sure the seller signs the agreement. make sure it’s legal whatever you are doing. do whatever the escrow company says. make sure you get paid! 

The title company might also know about any legal avenues to proceed with releasing funds.

Be sure you contact a securities attorney to sort through all this and get a legal opinion. 

*I am not a CPA, tax professional or a lawyer*I cannot give legal advice, so all of my advice is illegal advice.As far as I know, section 469 of the tax code is what allows for the "STR loophole". 

What legal options do you have, if something goes wrong?

There are other ways to legally wholesale without a license as well.

- **Have Documents Ready**: Prepare all necessary documents for the lease and HAP contract so you can move quickly once the inspection passes.Each PHA operates slightly differently, so reaching out directly can also give you the best insight into expected timelines in your area.