However there was a recent notice of default that claimed her as the owner of the property with a foreclosure date coming in march 2013.

So long as you don't advertsie, meet your accredited investors through other relationships, keep active capital investors below the current minimum, don't provide written guarantees or even suggesting a specific return beyond interest rates, never use all your sources in the same deal and have agreements that they will take other investors out with notice, then I'd say you will be fine. :)After a few years working under those conditions you can think about growing.I realize you want to market the projects to your investors with big numbers, that is an absolute beginner mistake.

:)I have noticed changes of several, not just in knowledge but in attitude and thier approach to the business.

A simple BK filing with provide a notice of stay and extend the eviction process.

I would move ahead with screening the new applicants.

One reason, other than the ease of access by others to my personal information with a quick search on Georgia Chamber of Commerce is, I would like my tenants to feel that they are receiving late/eviction notices from an outside company.

There was a house that came on the market that I went to view and saw it had a notice from the county that said it is not fit for human habitation.

Can I go ahead based on her husband's info and get his screening done and rent them if he is all clear?

In my area, I have noticed that people who own free and clear properties as rentals tend to neglect their homes.

Understanding the numbers is absolutely critical, so go ahead and take Josh's advice and check out those links and others on BP.