I actually think the idea behind zillow is valid.

If the DOT has not been extinguished or satisfied by the owner of the DOT/Mortgage it is a valid lien and that lien is enforceable as long as the note is unpaid.

I'd suggest you study options and very basic contract law before trying to change the scheme of things.What you seem to asking is can your contract become effective when you have a buyer, this is something like what is called a "hip pocket listing" with sale contracts by Realtors and may well be or is illegal, having a listing agreement come alive when you have a buyer or customer.And, to have a valid option contract you must have paid some consideration or be obligated to pay some amount for the right to purchase, even if you do not.Good luck!

Some of the other posts pointed out some very valid concerns about mixing business and family.

You will just have to show a valid lease agreement.

Can anyone else verify if you're being told that the group rate is no longer valid?

The most likely response is that it's not a great deal.There are actually lots of valid reasons, but I would agree that in many cases, a rehabber passing a deal on to another is likely because it is not good enough for him.

The property is gutted from 4 feet down and has a new roof with a transferrable warranty.

So, is he saying that having your home foreclosed on is a valid business model?

I do all my own property management too, so there's not even that expense on the books.What I strongly recommend, though, is to get a home warranty for each of your places.