And what happens to the security deposits? 

My goal is simple: once we secure a deal, I buy directly from the seller with cash, and you earn a fee.Are these kinds of arrangements common?

@Masyn Grant BarneyI think it is dependent upon the market.

(Agreement with your client that grants you the authority to collect on this alleged debt.)

Now as far as joining his inner circle I have a theory if I can make the money as he claims granted I'm capable and have the work ethic would I pay it?

Also you can check if the place has additional requirement to solar farm construction.Policy - Federal grants, state grants, policies.

Request a full handover of tenant files, maintenance records, current lease agreements, rent rolls, and security deposit information.

Just make sure the contracts are solid and everyone is on the same page.Would love to hear if anyone else has faced this challenge and how you managed to secure your EMD without upfront funds.

It's gonna take 30-45 days to secure financing for anyone, unless of course they're using all cash.3/2/1 prepay only works against you if you decide to refi in the next 24 months. 

There should be questions about the rent amount, due date, lease expiration, security deposit, who pays utilities, and who owns the appliances, at least.