At a lower level, I'm either for or against college education depending on the circumstances of the student.

If the awarded does not redeem in 10 days would it fall off or is this a special circumstance?

(Personally the tenant is an acquaintance of mine so $0 is an option, but in normal circumstances how do you figure it out?)  

Ex-husband would have to sign off on this as well; (3) list the house and try and short sale it if you have enough time; (4) drag your ex back into state court on contempt charges for not abiding by the divorce decree [if he is broke then this won't really get you anywhere - but if he agreed to take the house and make the payment as part of the divorce order and didn't follow through then he is in contempt] the court could award you money to compensate you for the bad credit and any balance due after foreclosure [again, meaningless if he is broke]; (5) very last option - depending on your other circumstances, talk with a bankruptcy lawyer about filing.  

I would not put 1% (or any other amount) upfront deposit, ever, under any circumstances, with anyone (attorney, title/escrow, etc.) to secure a loan form any lender, private or otherwise. 

There could be a variety of reasons why its not at market but I assume that one of them is that the subject property has been neglected and needs a bit of a refresh to make it competitive.

I think our model will follow IRS requirements, but our plan is to engage a tax professional to see if there is a 'safe harbor' ruling that we can reference in our circumstances.

Run it as a good business, don't neglect the property, and I don't think you'll have any issues.Again, there are a lot of opinions on BP about the umbrellas policy vs LLC subject.  

Anyway...Depending on the circumstance the borrower may technically be able to have (2) or in theory more, "VA loans" out at once. 

Tourists comes into the neighborhood, spending more money in the neighborhood, driving the need for more upscale amenities, driving up the desirability and ultimately, driving up Apartment Rental prices.The Rent Protected Renter who had lived in the neighborhood whose personal economics had not kept pace with the skyrocketing upward swing of the Economics of the neighborhood..... well, he's out in the cold, only thankful that his shelter is protected, but angry at the issues that left him in such a circumstance.It's a movement that I don't think anyone in the circumstances of the Rent Protected Renter can easily fix.