The best the state real estate commissions have come up with is (1) licensure needed to “wholesale” legally and (2) full disclosure of intent to the seller. 

HOA fee's do not just shoot up that high unless there is trouble from a legal standpoint.

We need:1️⃣ Guidance on purchasing real estate as a group.2️⃣ Expertise in establishing housing co-ops.If you’re a real estate, legal, or co-op professional—or know someone who is—please let us know.

This shouldn't be taken as legal advice.

We took legal action and got a legal judgement against him. 

Besides the failure rate, wholesaling is legal when done right, but most programs teach you to practice real estate without a license which can get you in trouble. 

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

How long does the legal process take, and can we move in and live in the unoccupied floors while the situation is being resolved? 

I think he is a great guy and isn't his first rodeo with investor funds.We can do some legal checks if you want that type of search, lawsuits, prior names, etc.

In case you have not noticed, our national debt is already out of control, and there're legal limits on additional borrowing.The government has a third option: print more money.