These include penalties, legal fees etc.

I am here to seek guidance and help if at all possible from many of the boards veterans.

Once you decide where you want to start, focus all of your time and energy seeking out the resources necessary to help you accomplish your goals.

I hope you find what you seek here on BP!

I travel constantly for work and am trying to think of a creative way to leverage that lifestyle to seek good deals across the US.

The owner originally was seeking some form of financing, but was too deep, thus the opportunity to have a private investor step in, which would be me.

Not too big a deal, but severe penalties if you don't follow the rules.

For 5 years I lived near Panama City Beach Florida building homes.I decided to switch to commercial construction and am currently seeking a degree in construction management at Brigham Young University-Idaho.

From what I've read in your post, there have been no violations.Banks seek to get the highest possible price just like any homeowner.

I have a single family house that I have just begun to rent out.
It's older and I don't want to keep it too long...but am glad the tenants are paying my mortgage (!). Yes, I did all the things I wasn't supposed to......