So if I understand you correctly, if Person A enters into a contract with Person B to perform Job Z for $100 per hour and B billed A for 10 hours, but later A finds out that B only worked for 1 hour, that is legal. 

Not only do you risk Dodd-Frank attaching, but this could very easily be considered a consumer finance transaction (like a personal loan) - so TILA/RESPA/Reg Z as well as whatever state regulations will attach.

My guess is they will change the definitions to attach TILA/RESPA/Reg Z to every seller financed transaction involving primary residences. 

Looking for something or preferably someone that can walk me through the process A-Z without delay. 

First, it's a plan-z measure, that if they have to take the asset back, that after all the expenses of such and what-not, there potential losses are mitigated to $0 or as close to $0 as possible.

You can also hire firm like us to hire A to Z for your lease up!

Something like I want to learn from you about X, and I can help you in return by doing helping find deals, Y & Z.

@Farnaz Z. what does your management contract state about applicant screening?

Quote from @Ashlie Z.: I want to diversify my investment portfolio to include some RAI besides stocks and ETFs.

That's where I would focus, not on BK or short-sale, those are X-Y-Z level plans and I'd focus on D-E-F first BUT.....