Presumably they will get another one.  

It's a niche, and she gets rewarded for taking that risk with tenants who pay higher rent (since demand for felons is presumably low amongst landlords).Not saying you should adopt the same methodology, but there probably is no additional incurred liability simply because they were once convicted of a crime.

If you can pay the loans back out of your own equity and use the loans to keep less of your capital in a deal you really could just pay the loan back presumably.

Twenty-four hours is presumed to be a reasonable notice in the absence of evidence to the contrary."

And of course, yours will (or you wouldn’t be using them) because they have presumable been dealing with you and are looking for any way to increase their business size and know what is really happening out there.

Even if it wasn't, a title co. was going to hold your $5k, I'm presuming, subject to the 2nd wholesaler's equitable interest being verified.Additionally, you stated the following:"It turns out the party who was billed as the owner was in fact another wholesaler who had a contract to purchase or in some way control the property in question.

- Hot Water Heater- Blown-In Insulation in Attic- A New Front DoorWe also bought a lawn mower and tiled one of our apartments, which I presumed are Capital depreciable items.Thanks.

The JV would presumably be among existing legal entities which should work fine.

I was presuming that he skipped since no one was ever there and he was not working so no excuse to not contact or never be home...Now if this is what you are facing, why wouldn't you want to have a clause that says under this situation (lack of contact, not at home whenever manager visits) that you can repossess your property which is delinquent.

Further, the act of receiving a timely payment (which is presumably what the subject to payment would be) is not a waiver of any rights of the lender.