I have scouted several properties that i feel may be suitable for me to live in.

Please let me know if you have any suitable properties.

Following this advice may not be suitable in your area.I would save the cost of getting a real survey if possible. 

He contacted a national 'credit tenant' to find out if they would move into property in a certain area if he could find a suitable place.

You may have to read several statutes and apply them to understand the method that might be suitable.

So, to that regard, you would not be in a position to foreclose since you didn't actually make demand properly and allow suitable time to cure.

just passed my RE licensing exam YESTERDAY ;ponly trouble was looking for a suitable "brokerage" to hang licenseI don't deal with REO (or haven't YET)but reason why I did it was after doing this for ourselves for 12 yrs...ppl aka family, started throwing $$ this way to invest for them...I gladly did the project, because I need a ticket into this new market (new here in town) and we just bought a commericial retail store rental.I found out quickly, at least here, I can't get compensated, and can't deduct anything...... and I can't property manage without license...this deal is ok b.c I am POA and this is family, but if I wasn't ...... probono work!

I believe the file place here on BP has a variety of contracts, which may or may not be suitable for your state.

If you can't find suitable 4-unit properties in your locale that cash flow you may need to rethink your strategy if you aren't willing to buy product elsewhere.

Any tips would be greatly appreciated.Here are a few thoughts I have in mind:1) They don't need to pay 6% for a realtor since I am already willing to buy.2) If they don't sell then I will be looking for a different place which means they will have to go through the whole process of screening and finding suitable tenants.3) The house won't sell or rent easily without renovations.