I'm looking to to buy and hold, so hard money wouldn't really work with this strategy would it?

Regarding employment verification, unless you look up the company in the phone book, and call the published number to locate a Human Resources person or a Manager (without asking for the person named as supervisor on the application), you run the risk of getting purely false information.

I have ran into what I believe to to be a deal but I am not quite sure how to proceed.

Otherwise keep checking most popular listings, visit their open houses if you have to....to see where you can offer more.

Make sure the application is completed don't run it until it is, If you require prior landlord verification be specific and give a 3 day time limit.

Also if for some reason the lender flakes, that broker knows what other lender they can go to to get the deal done.On another note to regarding suing...remember that whoever you sue can sue you right back, and usually the other side has more money to blow to make your life miserable.

Because some homeowners I am dealing with have very nice homes that dont need fixing up, just have a boatload of back taxes, so it seems to me a simple solution would be to to pay for their back taxes and then sell the home back to them at a slight premium....?

If there is no other rent restriction, like rent controls, you can charge anything you like, so long as the rents don't exceed 33% of tenant income, has nothing to to do with what PHA pays, te tenant can pay more so long as they qualify.

Wasn't hard to to do though.

Postage for verifications and paying UPS or FEDX to overnight a loan package to the funding lender.