Verifiable rental history for a period of at least 12 months, in which all the lease terms have been satisfactorily fulfilled, is preferred.

Guarantees of information, next steps, or follow ups are never actually fulfilled (said I'd have conditional loan approval pending appraisal on Friday...on Monday AM we spoke and he didn't have it, but he'd call me back by the end of the day with an update.

Many are the ambitions of people and FEW are they who come to fulfill them. 

@Merritt Steinbach @Stephen Jeffers so what I want to do is fulfill the time we need to live in the property (hopefully 1 year) then rent out the property and then apply for a FHA loan and owner occupy a multi family.

After you've analyzed a few PPMs, I'm sure you've gleaned, as I now have, the common structural elements, and the latitude syndicators have in fulfilling what must be disclosed, etc.Since I started asking the leadership at my local REIA’s, CPA’s, fellow investors, etc. , it turns out there are a number of investors and mortgage brokers who’ve gone through the process successfully in my local DC/MD metro area, with whom I’ve been put in contact.It’s been amazing how helpful contacts are being, by just letting them know I’m moving up to the commercial syndication level of investing (as well as continuing buy and hold SFH, as a tool to build trust with private lenders, who might then feel more comfortable moving up to commercial).Best of luck.

All complimented with Amazon fulfillment centers, google, and more tech manufacturing jobs.The bad reputation comes from OOS investors wanting $20k D market properties.

From that, they subtract the amounts that were paid in partial fulfillment, and then your judgment is set based on result.The math is just what you have shown; it's just how it is "presented" that will matter, and as MikeOH says, it varies all over the place.So in your example, you would get a judgment for $1000 as you might hope.

The renter has the option to purchase the home at the end of the rental period or before if they meet the agreed conditions.Contract for Deed: A contract for deed is a legal agreement between the buyer and the seller in which the buyer makes payments to the seller, rather than a lender, and the seller holds the title to the property until the contract is fulfilled.

But until I can fulfill my dream I need to find a job/career. 

We explained to him on multiple occasions that as soon as we got some type of payment we would absolutely fulfill our obligation and to work with us, like every other Landlord and Business I know.