You will be one step up on most wholesalers and it will add another level of credibility showing you that you take this serious!

Right now I am just building wealth and using all of my government benefits to gain back time lost on the Battle field.

While it may "technically" be okay, I'm not sure if I'd want to get into a situation buying a property from the federal government using a shell non-profit.

Although government measures are in place to stimulate business lending, without perfect credit and cash reserves, most business owners are just passed over by their bank.

I feel like I might lose credibility with my buyers list offering this up even if it is basically a free house assuming we located a tenant.

It shows the total debt of households, businesses and the government.

Problem is, that local governments will have you in their sights, sooner or later, and you'll be harrassed into making costly repairs or you may lose the property all together as they move into blighted areas for renovation projects.

The government promises tax money to repay these debt assets.

HUD guarantees a "clear title", but is the government that trustworthy?

Personally, I'd never own a property governed by an HOA.Keep the spending in check.