(And if so which one)4) Or are you doing it without the authority of any legal rule?

There are a couple of ways to attack this...As an authorized HUD Brokerage in Florida we work with investors from as far away as Norway helping them acquire.In some cases, they offer, they win, and the day the contract is signed, we list it again.

I am guessing that a tenant in this situation would not pay April rent, and the incoming owner would not even be the plaintiff in the small claims case, but they would be left holding the bag of an angry tenant.We did include a clause in the offer to purchase requiring the seller to have us authorize any new tenants (we get to do the tenant screening) prior to signing any new leases, but we didn’t envision this situation.Does anyone have any suggestions or experience with this type of issue?

Here's the Housing Authority rule on the matter:Renting From a Relative: Generally, a PHA must not approve an owner under Section 8 if he or she is a relative of a tenant. 24 C.F.R. § 982.306(d).

They will also want to collect your info as the authorized person (LLC Manager) to perform the transactions.

You won't find many entrepreneurs in real estate that are building a business delegating authority to others and coordinating activities as a manager and business owner.

No matter where you get it from, if the assignment is not promulgated by your local Real Estate Authority (in my case TREC, Texas Real Estate Commission) get it looked over by an attorney you trust. 

However, each author seems to talk about a seminar or workshop that changed his/her life and started them on the path to making real money by implementing "the formula" they were taught and taking the risk.This sounds great, but am I the only one left wondering what kind of legitimate programs are actually available?

.- Pro: You just got the relevant local gov't authority to say it's uninhabitable in it's current state.

Basically, the program is continuing without change for the time being.I'm currently authoring a blog post which will discuss the proposed changes, particularly as they relate to the real estate investment community.