You are morally correct.

I think you might actually NEED this course of action to get out of the check to check predicament? 

The moral of the story here seems to be, you are not dealing with the real owner of the property.  

So in brief here is what i had find:       I had spent a couple of more hours looking at the "Legality of wholesaling in Maryland" and the more I had looked the more I realized that most of the articles on  Wholesaling  are just views of opinions of individual authors, passing moral judgment (in some cases for good reason) but as far the law concerns, I could not find any EVIDENCE that wholesaling would be illegal in Maryland or on a Federal level.

Congrats Mitchell M. you have a wonderful predicament to be in I would say!!

So the moral to this story is no matter how much profit you have in the deal, if your in a bad location or can't sell then what's the point.

(I know, same moral hazard as rental vouchers...I'm just curious as to anyone's experience with the program.)Edit: HUD link http://portal.hud.gov/hudportal/HUD?

Much more favorable than hard money rates in the area, and I realize now the predicament loaning $ to friends or neighbors put you in.

As to the bad side looking at strictly the moral issue, again you have to decide based upon your morals or the extreme needs of your business.

City Rehab Estimates : I would use as basic guide line of correct city outstanding code issue.After purchase is completed contact brew city code department : ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ - let them know your new owner of record - request to be taking off of month to month city inspections - City inspector will check on the property after 3 months for progress, 5th month you would receive a warning for outstanding issues, and sixth month you will be fined for outstanding issues Moral -> try to resolve any outstanding issues in the first 3 months