But, if you're really concerned, you can always add a stipulation to the P&S Contract that says something like:"All parties acknowledge that the Buyer is an investor and intends to profit from the purchase and resale of this property."

Concerns would of course be the distance (we live in southern CA), nature of the HOA or management, and the present state of the tourist and real estate markets in Maui.We also own a condo where we live, so far things have been okay.

You, as buyer, are not as concerned about seller misleading you.

tile floor, no bugs" after initial inspection and concern landlord was asked whether there are cockroaches, because place look, like it have them.

Joel provided great info regarding private and hard money lenders new concerns with lending to OO borrowers due to the new laws, so that could be difficult to find.Jason provided some very good advice in working to get your scores up so you could qualify for FHA funding.

The banks I know would laugh at someone approaching them with beginner questions or guru speak right out the door.

My realtor is not too concerned about it and is looking into this so called "policy" but I'm getting annoyed so I need to educate myself on this so I can be ready for the next time he says something.Can any of you HUD wholesalers help me out with this?

I haven't bought any guru courses or attended boot camps because I am aware that 95% of them don't help and further confuse the beginner.

I am a beginnning investor and not what I would call "sophisticated".....but rather "seat of the pants".

Insurance is still a concern anywhere close to the coast.