But, I guess you need to clarify what "red flags" are to you.Someone could be killing it/raking it in with sterling credit, income, etc. for that all to change when the cards fall if they are behind a ponzi scheme or even an honest profession that fizzled out (e.g. an actor, model, lottery winner or sports star who blew threw their cash.)Thus, a good tenant in the past could be lousy in the future and vice versa.

The parents won't be living in the home and in order to be eligible for the STAR tax deduction...it must be your primary residence..They also already claim this exemption on their home which they still currently hold a mortgage on.

Its not that I dont believe in my product, but that I have made a professional commitment to my clients to not compete with them.

The product (providing affordable housing in the form of a mobile home) is not illegal in itself but the method of delivering this product (owner-financing the mobile home) is in question.

I know you like the sports analogies Jay, a good coach selects talent, you can teach fundamentals of how to carry the ball but that doesn't make a star running back.

I just like to endorse good products, especially when it worked for me.

So, you fell for the old "we can make you a movie star" line, from a boys gone wild RV tour, modeling without a contract.

Looking good.Look forward to the final product.

I find it is a lot easier to find individuals with money to lend than competent rehabbers who can deliver a quality rehab on budget.If I could verify this guy is legit, can deliver the product, if I could get 10-12% return on the money before profit split.

Tell them what you what to achieve and have them get products to fit your needs.