It's less obvious why others do, but then again there's little rhyme or reason behind lender decisions in the foreclosure arena.

Of course, your stage of life and financial position does matter with this decision.  

My gut tells me no wholesaler is going to be excited about waiting for the possible future decision of the lessee, they are going to want their money right that second.Having said that, it is theoretically possible that you could find a wholesaler who has a contract with an owner who would give you owner financing, and if you found a tenant interested in a lease option, you could use their option fee to pay off the wholesaler, finance through the owner, rent to the tenant, and take your cash flow each month.  

You are making a very wise decision to lay vinyl down.  

While hard preferred equity holders may have the ability to make some decisions or kick out the developer if they fail to make payments, soft preferred equity holders typically have more limited rights.

This is going to be a tough decision.  

If let's say after a few months or so, after the transaction has closed, then suddenly, the seller had realized that he/she made a wrong decision in selling that home for that price, even though he/she knew it was below market value, and if they try to collect money or the difference by suing the investor/realtor --they may win the case because, she then told me that, the law will be more favorable to the one that didn't know any better, which in this case, it's the seller. 

I have been hearing from some people that I should set up some criteria to base my decisions on.

Next,  I joined my actual Broker (Big National Brand), and in my opinion it was the smarter business decision I have ever made.

Tough decision, right now I'm looking at property which would hit the 1% rule - about 1.18%.