I am somewhat new to the wholesaling side of real estate.After dozens of hours of research, this is how I plan to open up my business.Step 1) Create an online presence / storefront for a company who helps offer options to underwater mortgagees.

Like @Chris Sereney said ... have it inspected.Financing:What and when was latest Assessment Value?

But when you are on that gray zone, having them on your side can be the difference between getting and not getting the loan.As to how to get them on your side; well part of that is just make their job easier; If you take the time to do the research, you should know what they need from you almost as well as they doCome prepared with the documents in handWhen you make a commitment do deliver something to them, deliver it on timeDon't make them chase you as they have dozens or hundreds of files they are dealing withWhen you introduce yourself, show that you understand the project inside and outKnow your numbers; as a loans officer, they are numbers people and appreciate others that know theirsThey do not 'owe' you their support and you have to 'earn' it.

Here the legislation is clear that rent is considered late the day after it is due and the landlord has the right to server a Notice to Vacate which gives the tenant 7-days to pay all arrears or 15 days to move out.That said, our policy is clearly documented and incorporated in a schedule to the lease that rent is due on, or before, the first day of the month and a late fee will be assessed at the close of business (17:00) on the 4th of the month.  

It is all a calculated risk assessment.

you better think this long and hard. boyfriends that dont make money are dime a dozen.  

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You can move, the landlord will have a dozen people in line.

As far as utilities go, unless both are separately metered, wired, etc. it is difficult to assess a percentage of who pays what and how much.

I've mostly been an information gathering ninja here, even as of current, but after watching about 2 dozen or so podcasts, one of the reoccurring themes stated is to become one w/ the community n to mingle w/ an empty Heineken in hand (which I hadn't drank) that I will fill up w/ water later.