@Joe GoreThank you : ) wish I had though of real estate investing prior to all that student loan debt haha, live and learn.

As this is a very small house, there is no cracking on the walls or ceiling to indicate this issue inside, nor is the floor badly sloped so you can tell without using a level (the rooms are small), and now I wish I had crawled on my belly into the very low crawl space prior to making the offer or at least brought a tennis ball to see how it rolls.

From his podcast I gathered the following:Two years experience in RE and lending.Took a 23 hour course and obtained his license to originate.No prior finance or banking knowledge.He is not a loan underwriter in the conventional sense with loan authority.No experience in financial compliance.No legal background in any formal setting, ie, court, legal interpretations.No formal education in lending or finance, no college class and no degree.None of this makes Grant a bad guy, he's just new and IMO very entrepreneurial (a good thing).

Otherwise I'm looking to see if the facts match the application, especially the prior addresses, which are listed.

Money you spend prior to sale is the same as at any other time.When you sell, selling costs get subtracted from the selling price.

(Tax professional should be consulted prior doing so).With Solo 401(k) custodian is not required.

If you are going to buy an existing note (i.e. stepping into the shoes of a prior lender) you'll have to research the property, the borrower, the HML, and the associated documents.

We only accept checks from our tenants and charge them $30 if the check bounces, it happens occasionally.All payments (security deposits, fees and advance rent) must be paid at least 2 weeks prior to move-in via check but they don't get the keys or a lease signed by us until move-in day.

I am going to be making some trips out to the PA areas as I mentioned in the prior post in the near future to attend some of the REI club meetings.

Hopefully your lease states utilities must be in their name prior to occupancy.