Unacceptable.I think engaging in talks with local brokers in terms of what you can fetch on a sale is not a bad idea-- sounds like you've already done that which is a great step.

- Looking at a guide to becoming a MLO, I notice one of the final steps is to get "sponsored" by a mortgage company.

It also helps to read through their guidelines and follow the steps they have in place for different problems.

The challenge has been finding one of the legit companies that accept properties with less than 3 bedrooms.

The challenge is being able to push through until you get that deal.

If they are breaking the lease in some way then follow the steps to correct that behavior.You may be able to evict if your lease stipulates that they may not engage in criminal activity BUT you probably must have a conviction in court to refer to.

Looking to discuss tactics, navigate challenges, and share insights on wholesaling.

Challenges?

Could you end up living for free and get a hands on lesson in property management as a first step?

Welcome to BP - yes, I think taking action is the next and best step.