And this ties in to what I was excited to address in your comment -Yes, we can ultimately “lose” a few legal battles, and therein some power over our operations, in order to maintain a level of authority; my issue is the growth of regulation.

ALWAYS have a written agreement in place and be sure as the funding partner, you have mutual authority on the decisions that will need to be made over the course of the venture.

Contacting the county and simply asking is the best approach.As far as other potential pitfalls, I would just say make sure you know who is actually authorized to sell the property. 

Rose (author) is a real estate investor.

In this case, the tenant had 2 unauthorized pets in the house (a cat and a wild Crow -yes a wild crow), in addition to 3 authorized pets.

As a last ditch effort we checked with local authorities for police reports etc on the property. 

Working on raising this with the housing authority to over $2.1k.What do you think of my deal? 

First two years are interest only as we move off of a HUD contract and into the local housing authority voucher program (the tenant base is low-income seniors).

@Bob MaleckiBased on the questions the author is still in the learning phase of notes and I would recommend against taking other people’s $ until you have done a number of deals.

Even if it's a reimbursement of the wholesaler's EM, deposit your EM with escrow and authorize release of the same amount back to the wholesaler.Don't pay the assignment fee until you've closed.