He says that if it is, you have legal leverage to go back to the bank & have them adjust the loan.

It is called "Every Landlord's Legal Guide".

Is it legal in Minnesota.

However, throw in some of that guru style letter campaign marketing; an ad in the newspaper; some fuel to drive to look at some of the properties; entity maintenance; legal expenses from time to time; phone expenses; office expenses; etc, etc, etc and that number could be significantly lower.

Is this feasible or is there to many legal issues involved.

Jon Holdman wrote: If the owner is not paying the mortgage (must be the case, they were foreclosed), but the tenant is paying rent, its rent skimming, which is clearly fraud.Do you know the legal definition of "rent skimming?"

Don't waste your time, energy, and legal fees and just move on.

So how do you wholesale as a broker and stay within the legal obligations of acting as the sellers fiduciary?

So many people here are truly able to give but won't...and will go to Starbucks and drop 10 bucks on an overpriced legal drug.

After evaluating all the options, I just bought a prepaid cell phone.Out of prepaid plans, Virgin mobile offers the best.