Being sensitive when marketing to these prospects and acting with integrity is key.

More importantly, the nod lists are time sensitive.

While it is in the best interest of the landlord to accept an applicant who has the means to pay the rent on-time and take care of the property while living there, there may be a fine line when turning down an applicant based on race, conflicting information, or first come first served...As a landlord, do I have anything to worry about when accepting a pre-screening form with SOS numbers AND sensitive information?

While in the peak of the market they didn't care about price, now many are becoming VERY sensitive.

Some folks are just more sensitive to it than others.  

This is very time sensitive so you must act quick.

However, there are a number of sensitivities involved:The property is currently leased and the original wholesaler has the 'keys to the castle' so we can't get this other developer in without the permission and watchful eye of the wholesalerWe would like to avoid double closing since we intend to assign this contractI was thinking that the cleanest transaction may be to to simply create an LLC to take the original contract down and then sell the membership interests thereto (on the same day but directly before settlement such that the transaction is funded by the new LLC owner).

Next buyer might not be so sensitive.

You will be adding to the expense, compliance and overall brain damage with any adjustable rate note, I suspect this is not in the big bucks where the investment would be that rate sensitive for either party, I wouldn't go there on this one.

There are many reasons a property may be pulled off the market, there can be legal matters, repairs to safeguard collateral, marketability issues or after exposure to the market a property may not be attracting offers, it can be pulled to relist later on as market perceptions of that property may change or as the market changes to obtain the highest price.