I would think it's just the IRS and state tax board I need to worry about. 

@Jeff Gerst I would offer him cash for keys.

Almost all have been blocked off inside, some as in my case have been boarded over leaving just the 1920s mantel.

Yet again, non of this is magic or beyond the realm of logical thought, so it's not exactly that Cardone has the magic dust :)Logic is key...

To obtain financing it can't be larger than 25% of the total community square footage. 10% of the budget to go towards reservesNo active or pending litigation (HOAs like to go after the developer for construction defects)No assessments (ask for the last 12 months of board minutes in your offer.

I'll try to answer the key ones.Private Money Lender - since they are "private" most don't have a store front or a web page. 

Pools that are not fenced or that have diving boards or slides7.

too much money chasing to few deals which leads to over paying.also sellers know this so they keep reserves up.. key is to follow them many times they don't sell and come back on at lower prices you have to work to get deals on that site..

The key is the funds for rehab/development that is necessary during a 30 month period.

The key really is the Trust connected to the LLC.