Hello,Finally, we have found a good candidate tenant—a young married couple with a son and their parent, totaling 5 people.The Zillow credit check and background check did not reveal any negative information, like  what many have mentioned in this forum.So, I conducted an AAOA check, and it showed two lien histories from their father:Recording date: 06/xx/2019, Amount: $10,xxx, Filing Location: San Bernardino, CA, Document Number: 210xxxRecording date: 03/xx/2019, Amount: $30,xxx, Filing Location: San Bernardino, CA, Document Number: 96xxxI inquired about these, and he said one was due to a car that was totaled in an accident, asserting it wasn’t his fault.

I ALWAYS tell the wholesaler to make sure they are transparent with the end buyer and their lender because MANY times if they aren't transparent about the double closing then the underwriter will catch it last minute and bring up the fact that the current deed holder isn't the wholesaler and that will kill the deal many time.There are some underwriters that don't catch it and things go smoothly.Then there are some conventional lenders that aren't familiar with the process and think it's fraud and won't lend on it.So sometimes I inform the wholesaler to let the end buyer go direct with the seller, do a single closing, Increase the purchase price by the amount of the wholesalers spread and put the fee on the SELLERS side of the HUD because the lender WILL NOT pay for the wholesalers fee, but if it's wrapped into the initial AB contract (now between the seller and end buyer) then the wholesalers spread isn't brought up, it's merely a line item on the SELLERS side HUD and nothing to do with the conventional lender and it will close "100%" of the time because it's a normal ordinary closing to that lender then.

That is very useful information.

The lender who told me to transfer 'after' closing also informed me that the LLC should have me as a majority interest or else the loan can be called out. 

I will be getting more information today as to get a better understanding or I might have to flyout and put eye's on it myself.

This blog aims to dissect the various pros and cons of this approach, offering in-depth insights and practical considerations to help property managers make well-informed and strategic decisions on this matter, ultimately ensuring the smooth and efficient maintenance of their rental properties.Pros of Allowing Tenant Maintenance:Cost Savings: Empowering tenants with minor maintenance tasks can save landlords money and create a more responsible community, improving property value and tenant satisfaction.

Certainly, feel free to reach out to them, also- their contact information is in the link. 

In Some of my communities I make more money on seller financing the homes I own than the lot rents.I will add more of these truths but I find most investors without parks don't know some of this information.

Take a step back and focus on building a solid, sustainable business over time.It's totally okay to feel a bit nervous, but with some smart planning and informed decisions, you can definitely make your real estate dreams come true :) Good luck, Keith!

Some erroneous information posted here.An REO means that a lender has foreclosed on their mortgage, whatever lien position.