I have been doing a lot of research looking at Atlanta's master plan, Beltline vision and seeing evidence of city's growth along the different corridors and exploring neighborhood trends and thought the area had lot of potential in the long-term given the overall vision, population growth and proximity to major highways and the airport.The property in question is based in Peoplestown and would result in $150-200 in cash flow per month.

I have a short sale opportunity and I need to get a licensed,reputable contractor inside to give me a bid on the work.

Based on numbers and my reputation, he knew it was a deal that worked for him.My suggestion, make sure your numbers are right.

You can reach out to the local housing management office if you have problems, lots of time Section 8 gets a bad reputation - but it can be great as well.

This is part of the reason investors get a bad reputation, from people like your "pro".Finally, if being guilty of fraud doesn't scare you then plow ahead.

Obviously it won't be removed, wish it were, but a link would certainly be in line with the mission, reputation and goals BP seems to strive for. :) 

I am exploring the feasibility of me doing this same strategy in Illinois... this post is super are encouraging!

In this case, your due diligence is confined to researching the HML, his/her operation, reputation, the specific pool, and most importantly his or her ability to structure profitable loans.

My question is, if this has been your experience with FCI, and most are overpriced... why not just buy from a reputable company / broker?

I will retain title and all rights therein in my name.B) During that time I would rent the unit to a renter that buyer approves (buyer does property management as well) but I would keep all these rent monies.C) If buyer does not produce agreed upon down payment amount by Dec 1st, 2014 I will continue to lease to whomever I please and I keep the $1,000 PO free and clear.C2) In the event buyer DOES come up with agreed upon down payment we then will enter into a 24 month seller financing deal that we agree upon.D) If I don't feel like messing around with Seller Financing buyer says he will still find me a reputable tenant (for a small fee of course) and/or I can simply sell to a cash buyer which I had hoped to do in the first place.Thanks.