Just make sure you've determined which school district the HW house is in. 

This is a very nice area, good school district and around the corner from shopping.

@J Scott   So how do you explain that the market is ONLY willing to pay 50 times the rent for these great homes in great school districts? 

.; what's coming out of their pocket.I'd be more concerned that they aren't being fair by not making their payments -  they're essentially getting a very cheap place to live on your dime.

My thinking with this is that this essentially gives the renter subconscious permission to let the dog to $500 worth of damage - "Fido's scratching up the back door, but that's OK because I've already paid $500 and it won't cost that much to repaint it."

First I called the real landlord and got the information I needed, then I decided to call the landlord name and number on the application.They gave the applicant a great reference, great pay, keep the house up, etc etc,,I ask how long they had owned the house, she said "3 years",,I told her there was an issue because Central Appraisal district didn't show her as the owner,,she said "I just don't understand that, probable a paperwork problem",,I then informed her of the real owners name, and that I had just talked to him,,,she said "did you say 623 xyz street, I own 624 xyz street),,,I said first there was no such address, then I was curious how she gave me a great reference on someone that obviously wasn't her tenant,,,,about that time the line went dead.When the tenant called me later I told her what had happened (I knew she already knew), and told her that lying on the application was an automatic decline.  

Plus, Robin Carriger, who is one of the leaders, has a program that interfaces with the Tarrant County Appraisal District to generate leads for direct mail. 

They are essentially older than the SRFs.

HUD properties are essentially owned by the government so they let a company liquidate for them.

The point of wholesaling is to not work with realtors my friend, usually.You are essentially taking the place of a realtor.