There are conflicting regulations as to the exemption of 2 or 3 deals by a seller and these may or may not apply to dealers in the business of real estate, so check again at the state level and to assume on the safe side, go with 2, not 3.

THE SOUTH DALLAS AREA IS A BAD PLACE TO INVEST IN REAL ESTATE CRIME IS BAD AND DRUG DEALER ARE ALL OVER THE PLACE I WOULD ADVICE YOU NOT TO BY ANY PROPERTY IN SOUTH DALLAS AREA OR WEST DALLAS AREA I LIVE IN GRANDPRAIRIE TX ABOUT 40 MINS FROM SOUTH DALLAS I HAVE PROPERTY IN CEDAR HILL AND GRAND PRAIRIE THERE A LOT OF GOOD AREA IN DFW AREA BUT STAY AWAY FROM THESE TWO AREA

Too, the borrower in this situation must carefully vett the source of capital available to himself in these situations; he could find himself in the middle of a money laundering scheme or as a front man for a drug cartel, where his eventual choices can be incarceration or death.  

I would also contact the local Sec 8 office about the possible drug use.

I am in the process of putting together a deal with a newbie community owner who is giving up because he didn't realize he needed a dealer's license and relationships with manufacturers to fill a community, let alone a sales force and a captive finance company.

this guy was into some funny business...you may find drugs hidden behind walls or in the attic..."...and the mirrored ceiling got the most attention.Oh, there was also a seven foot long aquarium in the same wood trim dividing the foyer and the kitchen but that was removed.I have considered removing the ceiling and just go back to regular sheetrock. 

Examples could be pre-foreclosure, tax lien, loss of job, death in the house/family, divorce, high medical bills, drugs, rental property gone bad, or anyone that was diagnosed with a severe medical condition.

Be careful listening to wheeler dealers that put you into a financed corner or partnership with systems, like I've said before, figures lie and liars figure.

I have a degree and post graduate work at Yale, I do not drink or do drugs, BTW, I was simply over qualified for what was available. 

Drugs aren't any worse there than any other south Texas city.