And if you had to pick three of this list that a beginner should absolutely read first before the others, what are they?

As far as HUD is concerned, not all departments that administer the program are run the same.

I guess my biggest concern is the dishonesty on the app, but considering the collections from 2008, I can see why they would lie.

If he hasn't done that (and you haven't done it), then there is no proof of clear title.In fact, if a seller were going to go out of his way to try to convince me not to get a title search (as this seller seems to be doing), I'd be VERY concerned about what might be found.I figured if I could show this to one of my interested parties, they may consider skipping the title search as well.Most buyers are smarter than this.

It sounds like there are other issues at play that you should be more concerned about.

One of my main concerns would be once the building inspector starts poking his fat snout around that I would have to get the wiring, this, that, or the other "up to code".

If someone is going to steal my iPhone out of my pocket, they could also steal my wallet, and I'd be more concerned with losing that than my iPhone.Thanks for bringing attention to the fact that people who choose to secure their iPhone 4S need to also set Siri to "off" when the phone is locked.

How does a beginner birddogger market themselves in a way that would attract serious investors?

I was thinking generally (and hypothetically) along these lines:* Deal with folks where we have pre-existing relationships* 10yr fixed rate - pay around 7.25% fixed for 10 years (this would be set at loan origination around the 10yr tsy plus 5.0%, or possibly the 30yr avg fixed rate + 2.5-3.0%); interest only ideally, or possibly 30-year amort* Right by borrower to substitute collateral to maintain the LTV (if we want to sell a property)* 1st mtg, 75% LTV on new appraisal value* One investor per property, in 1st lien position* Property rehabbed, seasoned for at least 90 days with tenant in place with term leaseHow have you addressed lender concerns around investment safety and illiquidity?

Hi,Dont really understand what your concerns are.