He assures me don't worry trust me but the case keeps moving forward.

Hi Jeremy, I am a loan officer in PA, but the main standards still apply that you must be actively employed to be able to 'close' on a loan even if you have assurances that you will be hired back (those are based on Fannie/Freddie guides). 

They talked to a family member, a realtor (very old school), the realtor had never heard of such a thing.Tthey want assurance there will be no changes.

We pay ourselves rent from these locations, which assures us a profitable return.

Now when these homes dont sell and become stagnet they pool them into large blocks anywhere from 50 to 500 million dollar blocks ..those blocks are then sold at 60 to 70 %..where they then trickle back through the investors eventually reching the retail mrket again.This is what we do .. we purchase these large blocks..and the way we are able to do due dilligence is through our relationships with our disposition partners..We have a network all through out the us of investors who help get rid of these properties one method is by selling smaller blocks of 3 to 10 homes to smaller investors.. and all the way down the line to typical listings of the homes..The main way we are able to assure our succes is the purchase price we get..it doesnt matter where the home is what is wrong with it ..if we get the home at the proper price we can move it...if any of you are interested in a potential disposition partnership or know someone who might be interested in buying small blocks of homes ..please let me know..

Apparently its not their job to sell only legal buildings and its not their job to assure the buyer they are getting their money''s worth. 

They need someone whose done it to walk them through the numbers and assure them that what they're doing makes sense.Because its very easy to look at the numbers and question yourself when you're looking to jump into your first deal.

@Dawn Brenengen I agree with @Chris Martin Those numbers are extraordinarily thin - congrats if that was really your expense, but rest assured it is NOT going to be your long-term average.  

What can you do to assure you select the right tenants and in fact get what you need each month in the way of rental payments.

Years ago, I used to live in trashy student/low-end rentals, myself & I assure you: if the landlord doesn't care about the place, the tenants won't, either.