I assumed that would make my credit look good but I guess that didn't count for anything.

One reason is your question as to financing after the straw man fee is paid, since it nets above the sale price, it is not an amount that can be counted by the buyer's lender.

I'd also expect a new water heater to be a requirement.Back to windows... without seeing them, I'd say you should probably count on, at the very least, reglazing them.

Spammers come here and those who work for the spammers come here and praise their work,product or whatever in the guise of a regular joe who has used the spammers products,services,etc with great results.The biggest giveaway is their 1 post count and their constant praise of the spammers.If that's not your intention then everything is alright and welcome to BP.

At this count I have about 60 of them.Things happen in people's lives, we can't always control things.

what is counted as expenses in this scenario?

For the properties they will only count maybe 75% of rental income.

And I've never had to make an emergency landing following a turbulence encounter (Palm Springs didn't count because we were already landing).

I wouldn't count on it, but sometimes an REO seller will allow you to add a name to the purchase contract; if so, add your end-buyer's name to the contract and then quit claim the property after close.As for the earnest money deposit, if your contract has a contingency that says you have a certain amount of time to do inspections or other due diligence, you can generally back out of the contract during that time frame and get your EM back.

Yes, the HOA fees do live on after the foreclosure if you are a third party bidder at auction(courhouse foreclosure sale), but not in the case of buying a REO that is listed on the market.So the issue that I have run across too many times to count is that there is one law firm in particular that has ridiculous crazy fees for not doing ANYTHING at all!