Which when you read the history on Mount Rushmore, you find out they didn't ever finish that carving.

Without realizing that his POA was not valid (until our trusted title company informed us of the incorrect documentation) we now have a contract with someone who cannot legally sell us the property.

Third parties that offer incentives like reporting pay history to the tenants credit report. 

I plan to consolidate my ideas into a single document once some dust settles at work.I'll try to post again by this time next week :)Thank you for checking in and keeping me on top of things!

Others might be fine with taking risk, but least by doing this a person can get an idea of what might go wrong.e) Legal document analysis: it will usually take a few days to go through the legal document properly, as almost inevitably there are tons of gotchas that either have to be explained, or mitigated with a side letter.That is the very short summary of what I do.

Even better, have the interest accrued be paid to the tenants prior to closing (with documented acceptance by the tenants, of course) so you can then start from a clean slate with depositing the security and tracking interest.

To be able to qualify on boarder income, you must be using the Home Possible and can prove that they have lived with you for at least 12 months (with proof), as well as documents proving that he has been paying rent for 12 months (cancelled checks, receipts, etc). 

What documents and documentation do I need to give them to help them out?

There is one more question I forgot to add, considering I will be doing away with the management company am I legally allowed to retrieve all documents regarding the properties?

Any advice of how we should go about using our property as leverage to get loan despite our credit score/history?