If I default, they get their money back.If they fulfill all rental requirements (pay me all money due, get utilities transferred, sign the lease , etc) then their hold fee converts to their security deposit.I know many landlords that absolutely refuse to hold places for people and maybe in some markets you can get away with that, but in my market most people shop for a new place a month in advance, so if you don't hold the place at least a couple of weeks you're not going to get any tenants. 

I'd love to meet with anyone who can further discuss the needs of your brokerage and how I am able to fulfill them. 

We hope this community can steer us in the right direction and fulfill our dreams of quitting our jobs.

When you buy an occupied property, you need to fulfill the terms of the current lease or negotiate with the tenant (and in this case Section 8 too) to change it.  

Besides, they don't care what your property sells for... they just want to fulfill their obligation under their servicing agreement, meet the underwriting guidelines and do so as cheaply as possible (minimum wage or automated systems help with that).So I'm sure the underwriting guidelines for the house you are bidding on, stipulate a listing price equal to or close to the BPO (Broker Price Opinion), with subsequent regular drops, and that allow the lender to accept an offer that is within a certain percentage of whatever the current list price is.You can't convince them to take something different.  

CA does not practice reciprocity so your license would not transfer and you would need to fulfill the licensing requirements from scratch.   

It is meaningful and fulfilling and gives me purpose.

Negotiating patients dispersents to contractors and doing any of work your capable of yourself.I was in your shoes almost a year ago and have started the process of refinancing out of fha so when my year of being an owner occupant is fulfilled I can rent it out and repeat the process of another low down payment primary residence .

I've got a military scholarship contract to fulfill with the Army until 2020, but after that the world will be our oyster.I would say I have little experience in real estate, aside from a townhome my wife and I bought in 2008 that turned us into accidental landlords.

(Signing a contract that you have intention of fulfilling is unethical).