From all I read, that's the natural evolution of people's RE investment journeys. 

I've just passed a Real Estate (RE) salesperson exam.

The mold claim is that he "said" something about this years ago, but there is nothing in writing.

I wouldn't go into something already knowing it was illegal, you are just asking for trouble.Just because other people are getting away with it currently doesn't mean they won't get shut down in the near future.

And decided I needed to get more control over RE investments, hence owning the property myself.

if this is an owner occupied property and the loan was used by the owner to buy the property to live in.. then they are by federal law able to request a 3rd party mediator to meet with them and a representative from the bank and try to work out a re pay planthe issue is many in foreclosure never follow up on this and basically waive their right to this meeting. that would be step number one get into the federally mandated mediation if the owner and the property qualify.

Re Invest in Arizona is expected but high appreciation. 

Find the owner's information online and write them a letter. 

You want to find a strategy that not only accommodates your current holdings, but your future goals as well. 

Hi BP,What is the typical arrangement for partnerships when one partner does not have capital to invest but they have all the other elements:Partner 1:Owner-occupied,  Great credit, No capitalPartner 2: Non-owner occu...