I was a student in the course and upon realizing their promises were not fulfilled and they were breaching their contract I requested to renegotiate.

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Further,"At least one borrower must occupy the property and sign the security instrument and the mortgage note in order for the property to be considered owner-occupied."

I'm asking for 1.5 month's rent for security, which totals to $5,700.

A breach of this mold prevention agreement shall be a material violation of the Lease Agreement, allowing Manager to recover possession of the Premises, following Demand for Possession or Compliance in accordance with state law, and all other rights and remedies contained in the Lease.

Make sure to do your market research, budget for renovations, talk to other investors/agents, and build a relationship with a lender to secure financing and get advice.

Again, if she is in breach of her contract by letting her grandson live there, can I get her out without being sued?

Leveraging Mark's local market expertise, we secured the property for $60,000.

It is the large community mailbox and you usually have to pay to rekey the whole thing for security issues.

I agree with you that if you are raising capital, you need to have other responsibilities in the deal, and you can't  get compensated for raising capital unless you have broker deal license.It can work if the sponsor who is running the deal is qualified, but unfortunately, people who purely raise capital can't vet a sponsor.Caution: If you're going to raise money for someone else's deal, have a conversation with a securities attorney.