However, you can make changes as long as all parties agree.If the tenant agrees to removing certain clauses, or starting with a new lease, then you can move forward.

Look, I will try to simplify this: We have 3 parties money; (a) the landlord investor, (b) the lender giving a mortgage for purchase money, and (c) the tenant paying for use. 

But, when you combine all the potential lost income and damages, I will definitely be the losing party since there's a cap on small claims.

America’s Party 2025" was a huge success!

Thanks for reading, Stay Safe everyone.The part I am unclear on is what was the Money back guarantee period????  

If you are using a third-party site to conduct the background checks, sometimes they have the option to send a person, a denial letter, and due to the fair credit act it may be required to send them a notice, informing them that you checked their credit and background so that they have a receipt that it was completed.

And won’t parties involved see red flags waived by all this “out of space” subterfuge?  

Make sure both parties fully understand and agree on:How profits/losses will be split Who is responsible for what (e.g., repairs, management, communication with the seller).Exit strategies in case things don’t go as planned.When you do find the right partner make sure to create a joint venture agreement that outlines all of this clearly.

@Dan Deppen owns a company that does the underwriting.Once its underwritten then you also must make sure you use a third party licensed servicer to follow fdcpa requirements and consumer protection laws.Lastly, depending on the state you are in, you may need a lender license or servicing license in order to orginate loans.

I have found enough business and made enough money not to need to expand outside of this market.Section 8 is a whole different ball game but I find the program is unique in that it's a 3-party relationship adding the variable of a government agency.