Death of all obligors is another reason although recent CFPB rules have made that a bit more difficult to call a note due for the death of the borrower(s) if there are legitimate heirs.Your motives aren't flawed James.

Lastly, always enable auto pay if it is offered.

Whilst my aim with the exam is to enable us to access MLS and gain a good grounding in the industry, I think it would be a good idea to work for this broker for a period of time, to learn the ropes in luxury real estate, whilst continuing my deals on the side. 

Are they a legitimate company? 

If the duplex is a real duplex with legitimate living space, then you shouldn't have any problems.

Then if they want to sell it to you at a discount it's perfectly legitimate.

And then when you write this number down you are legitimate ties an it as the top dollar price.

Just because there are no barriers to entry does not mean that everyone is a wholesaler.I understand that there are some legitimate wholesalers out there, but how do you guys feel about the fact that anyone can simply call themselves a wholesaler?

We also have a tenant who is a recovering alcoholic and formerly homeless who needed a solid place to get away from family and "friends" that were enabling past behavior.  

The ones who are renting take good care of their units.Make sure you're dealing with a legitimate tenancy offer.