There are many valid reasons to not accept a potential tenant just be sure that you are not discriminating on any illegal basis.Personally if someone asks me for an application, I give it to them even if I'm fairly certain that I won't be renting to them.There are times though when a potential tenant makes clear comments that you know you can't accept.

I've only done warranty deed purchases, so this one is first.

If the owner was presented with multiple offers and decided to go with the investors offer then it is a valid scenario.

Sounds as valid as buying a property and at closing making money by claiming they bought it for less than it was worth, which was what they paid for it.

I know at this point, if I were interested in REO's it wouldn't take more than a phone call but thats simply because I have an array of realtors that have made lots of commission from me to validate my legitimacy, I have actual cash to show and prove etc....Anson has a great point that the top dogs are already in the pockets of performers so you'll need to perfect your 'peacocking' game.

What you'll normally get is a "I don't know but I know you can't" answer.If you do get a specific answer please post it here and I'll help you research its validity.

Is the tax f/c valid?

Automatic drafts from the seller's account, making deposits to that account, close the deal and file the Special/Limited Warranty Deed.

In the case we're looking at, a conservative estimate for rental income would be $36,000/year (that's estimating 9 weeks of rental during high season and 8 weeks of rental during low season at rates quoted by the condo's real estate agent that seem to be valid based on what's on VRBO).

Hi, having one comp is not really valid mainly because you don't know what other terms or conditions might have been agreed to (that's one) properties are unique, no two properties are the same, they can be similar, but they are never the same.