In-progress - will update throughout the process!

It should be a fairly easy process to set that up for the new tenant.

The selling agent and home inspector tells me it's common and he sees it in 50% home he inspect(central Florida).Questions I have are,1. 

The reason the industry looks so saturated is because you have thousands of broker outfits with lender sounding names selling the products of the big box lenders.Is there true private money? 

Choosing to rent to an unqualified tenant due to early move-in has resulted in nonpayment of rent and going through the eviction process which I will make a future post about. 

There should be a person that is a direct contact that you have been in touch with along the process to make sure you finish out the project and that you check in with on the property rehab.

I never sell anything I buy.

Second, the other owners are interested in selling to raise cash.

I am very early in the process, seeking designs and exploring funding options.

Some states have specific rules for buying, selling, or servicing mortgage notes that you must adhere to, even if you are out-of-state.3.Federal Regulations: While state regulations are the primary concern, be aware of any federal regulations that may apply, particularly if you are dealing with notes related to federally insured mortgages.4.