Those interested are invited to attend our webinar online to review our RV resort opportunity for qualified passive investors.

The problem I have seen across the board is that most agents simply don't understand the principles of investing, what investors are looking for or how to walk a property and adequately estimate repair costs.Unfortunately, most of these skills are only acquired through adequate study and conducting your own renovations.Not sure what your business model is or how exactly you are trying to outreach to investors or builders.

I've been contacting my PM repeatedly and sending prospective tenants their way - but their excuse is the applicants aren't qualifying.  

The problem I have seen across the board is that most agents simply don't understand the principles of investing, what investors are looking for or how to walk a property and adequately estimate repair costs.Unfortunately, most of these skills are only acquired through adequate study and conducting your own renovations. 

Maybe a state's attorney that didn't have anything better to do might go after a wholesaler, particularly if a bunch of realtors got their shorts in a knot and pressed the state's attorney over their lost commissions going to unlicensed wholesalers, but that would more likely go into a licensing review board that would impose civil penalties.

Depending on how well you know him I would also recommend thinking about having him invest some money in it too so he has "skin in the game." 

My option, of course not knowing your state laws, would be to simply say know and allow the tenant out of the lease so that you can find a qualified tenant.If you are not legally obligated to accept welfare tenants get rid of them.

You can refi as soon as you qualify, which sounds like it's only a few months away.

HUD determines the guidelines for how the income is qualified, so any lender who underwrites FHA loans must adhere to that methodology.

If anyone out there knows that this type of liquidation qualifies for a 1031 exchange into another investment, I'd love to hear about it.