The process will obviously cost quite a bit more and Safeguard seems to have washed their hands of it completely. 

All new tenants should go through the application process and be charged the application fee.

We plan to come back live in it the other 6 months, fix it up more, repeat that process until we can find another deal that makes sense for us. 

Any good HML will be happy to share the contact info of borrowers so you can see how easy the process was and how well they treated the investor.Can you share a recent closing document or HUD?

Any questions you have throughout the process.

This is a fully legal process that has been irrelevant since the 80s because rates have just dropped.

Addicted to the process not the end result! 

It has been good to be brought down to reality and realize that there will be many struggles during the process.

You want both of them to be real estate experts so the process will be smooth. 

I am just trying to educate you on the process.