That said, I did have a significant background in construction management and a real estate license at the time which opened doors.Getting a RE license is a great first step, it sets you apart from the other students...

If you have a background in Sales at all you will be a step ahead of the average agent. 

You have no information about the background of the unauthorized occupant(s).

If you have none of this, 1) you could still be required to refund their security deposit when they leave, whether or not the owner transferred it to you, and 2) since there is currently no written lease in place, you could require screening, credit and background, employment, etc., as if they were new applicants.  

So when you sign your docs the broker and escrow and the lender still have to complete PTF's ( Prior to funding conditions ) If it was Texas for example when you sign your documents you would be done and get the keys same day or next.5)  Technically the only thing you've paid for per your hud-1 is daily interest so the insurance policy can't be paid for until the loan has funded unless you paid all of your closing costs outside of the loan?

I understand the competitive aspect of the industry but in my background in business, some of my best ideas and resources have come from my competition.

So the question is: I know either could technically lead to the bank calling the loan due - is either more likely than the other to draw attention to itself?  

Even though I'm technically assigning contracts i.e. assigning my interests to someone else, of which is legal.  

I like both, have run background checks, and there are no red flags.

I have much less problem with his background as I do with the installment plan.