No locks shall be changed without Landlord approval."

They're good to have open access to capital/cash/equity to a property ahead of time so you can execute a deal or purchase when the time comes on a split second decision (versus having to apply to a loan at that time which might take 20-45 days to get approved/closed/etc plus by that time you dont know what your future income/credit/assets will be like in order to qualify anyway).The second use is sleep at night factor and having a reserve of capital in the event an emergency event occurs in life.For these two reasons is why I use lines of credit.

However, since then no action has been taken and the management company emailed me on October 5 stating that it is not their responsibility to deal with this and " The board will have to approve for this to happen"I then requested them to provide me with the contact details for the HOA board of directors.

However, if the engineer is assuming a larger role (for example, project management, approvals, etc.), the 33% could be justified.

Managing 138 doors as a property manager in my 9 to 5, I can say, I have a lot more paperwork and hoops to jump through to get a S8 tenant approved.

Bottom line- As with all lenders, hard, money lenders have a process they follow to approve deals. 

I’d be interested on pre approval

Get pre-approved through them and then start sending them deals!

With your 750 score, you should still get favorable FHA terms, but talk to lenders about how her score might affect the overall approval.

Increased Approval Chances: Borrowers with multiple valuable assets may have a better chance of loan approval, as lenders see reduced risk in cross-collateralized loans.5.