Correct Jeff, in transactional funding scenarios, where the funder will fund the A-B side, they require the B-C side contarcted and in place, usually with the same escrow company with specific escrow instructions not to release their funds until the B-C is reaady to close.

Its hard to explain the flow of the instructions of the course but imagine as if they're leaving out some pretty pertinent information as if setting you up to believe that your straight up standard 'transaction' is the only way to the pearly white gates.

You have to be in the right place mentally; ready to receive instruction willing to listen and to take action.So, how do you know you are ready?  

I'd suggest you get with your instructor, before school starts if possble, and see if you could put a class project together for extra credit.

In that case, the lesson is to instruct the Seller to leave vacant units vacant and you fill them after closing.

This notice will instruct them to pay their owed rent by a certain date and if they don't they could face eviction.Once served, the people who have the money and are just screwing with you will pay up and get current in most cases and the people who can't pay because they have no money won't come current and at that point you need to go forward with an eviction.

Just read a thread where a landlord said that his instruction to his tenant screening company was to automatically disqualify anyone with a felony.

I was given the same instructions and those options are not there - I even sent a screenshot of my page to the support people to show them. 

He's an attorney and lines out exact instructions on forming land trusts in states that do not have land trust statutes (including North Carolina).  

The instructor was terrible, but the materials supplied were worth the price.I read here, and elsewhere, how terrible and inaccurate NADA is.