Thank you so much for the thorough explanation.

Fantastic write up and explanation of the insides of the lending process, thank you so much!

@James ReyesMost underwriters consider 12 months to be the "reasonable amount of time" for occupancy unless there is a deployment and change of station, in part because of the 12 month mention later in the explanation.  

Their explanation was that the company then was bought by the company now.

Security deposit amountYou can find plenty of examples by searching for "tenant estoppel certificate doc" or exchange "doc" with "pdf" for more options.Here is an example and explanation: Sample EstoppelSome have a lot of legal jargon but this document does not need to be so detailed.

The sample motivated seller questionnaire (and explanation paragraphs) on this page will equip you to avoid this common newbie mistake.If you're new to wholesaling or creative real estate investing, you can save yourself a whole lot of mental and financial anguish by asking a series of two or three questions to help you decide whether to deal with a property seller or not.The information you gather from a well crafted motivated seller questionnaire can also help you determine whether the property in question is worth investigating further, regardless of what you find about the urgency of the seller's situation.The section below will take you through a shortened sample form and discuss each section in detail.

A little more explanation on acronyms and such would be helpful for newbies like me, but overall love the show! 

My friend said that for 2 months everything was very strange - her condo wasn't renting out, K. obviously lied to her quite a few times and couldn't come up with decent explanation, my friend got impression that somebody spends nights in her place because it started to smell, neigbour of my friend told her that K. was bringing some suspicious people etc.... so my friend politely fired K.

I still need someone well-versed to provide a better explanation though.

I knew that different lenders had different rules (particularly around seasoning), but I really like your explanation on overlays.