Here is the response from our broker who assisted in the investigation:  "Dear ParticipantsPlease be advised that I have worked with Criminal Investigators and prosecutors to assist in the arrest and incarceration of Douglas Lee Carter; alias MIKE JONES; who defrauded my foreign national borrowers back in March of 2014.

Drugs and alcohol, skip on bills and family, incarceration, severe mental and emotional issues, senility and death.

But the incarceration of employment never appealed to me!

I made some regrettable decisions back in high school, was incarcerated and have been paying for that mistake ever since.Will my prior convictions give grounds for denial of licensure?

A $4k+ assignment fee isn't unheard of on tax properties that are low risk (dead, no heirs, poor, defunct LLCs, or incarcerated owners).

Wholesaling needs to be regulated and licensed in every state, Wholesalers who violate the law should face incarceration. 

That may be do to the lack of ability to pay your bills while you are incarcerated, which makes a lot of sense.The problem I find is that if you don't have at least a B class neighborhood, you just don't have a choice but to take on someone with a potentially criminal background or eviction if your State forbids these checks.While I don't invest in any other place than Brooklyn, NYC and only in at least B class neighborhoods, an Investor friend of mine does invest in low income, C to D class neighborhoods in a different State.He tells me that Credit Scores are useless for him because almost ALL the candidates are 600 FICOs or below.

Yes, that's a picture in front of the Billops house.My sweet, OCD, super clean, super polite, formerly incarcerated tenant had a melt down & kidnapped his girlfriend, making her drive the parish school bus to the Billops house.

Spouse is in the clink with name still on title and not sure if I can get an agreement (QCD) from the incarcerated to relinquish his ownership interest in the house (they aren't talking).

Here are the big six (6) reasons people leave behind a vacant property: 1) "Skipped" on bills or other people 2) Drugs and alcohol 3) Incarceration 4) Severe mental & emotional problems 5) Senility 6) Death By reverse engineering each vacant property opportunity, talking to neighbors and others in the immediate community, you ought to be able to get a lead on which of the above scenario is most likely.