I would say these are investigated more in dept than CTR's.My advice would be not to pay in cash.

Investigate your courthouse to see where and how records are kept.

If I were you I would shop around and investigate other coaching (including investigating if you can find a local coach) and other real estate programs before deciding on one.

One meeting is not going to give the pulse of the market, constant feedback, research, and daily investigating is going to do that.  

Sadly,I think you will find a lot of wholesalers use fake POF letters they get from their hard money lender buddies.Most desperate homeowners don't know any better and accept it at face value without investigating the validity of the letter.

If they don't pay it back, as a lender, you can foreclose on their property given each individual state law.It is buyer beware and you need to investigate the property the lien relates to.

Failing all of that, I would convert back to LTR and take a modest hit on the furnishings.There's more investigation to do, but I thought I would run this by the board as I've learned a lot here over the last few years.

Even if they get some of it off, it returns in 2-3 days.We're in the northwest where it's rainy and damp all year long and as far as I can tell from investigating the internet and youtube (yes, the source of all truths lol), these are mold and yes, they are hard to come off.

They said it was pretty bad but I haven't had a chance to investigate myself.

It's a bit of a nuisance when they lose a toe or a few fingers and the investigation shows the person was also your tenant especially if the regulations state the landlord is responsible for upkeep..