It's easier to walk through life playing the victim.

It hasn't happened yet and they have a backup however I prefer to play it safe. 

(And keeping your numbers accurate and your rehabs running smooth) Another route to utilizing this 300k would be to spend a weekend in Vegas playing blackjack and buying Mai Tais...but those days are behind me!

However, I would not play with this because that is a great way to land yourself in prison for mortgage fraud.

An update on how everything turned out - including how expenses played out - would be greatly appreciated.

Investors profit with Principals on the deal...that's how it works, but if your "Teachers Union" investors are simply owning stock market shares in the company on the stock exchange they are "Playing the Market" up and downs and are not sharing in the profits of the company.

@Kay Kay Singh Glad that worked out for you, but IMO that's playing with fire. 

Should I get my license to level the playing field?

If you can't buy the property right it's a gamble, not an investment. 

does not mean this will also happen to you.So this is what you do.YOU need to do a cost/deal calculation for every method for lead generation you are considering for your market.Now you know how much money you need IF you were to do DMM, or IF you were to do bandit signs.Now this is DATA, so you are not gambling much here.Then factor in the effort it takes and the time it takes for a deal.Bandit signs may be almost free but it is illegal and a LOT of effort and work, and again risk for hefty fines.DMM simply is a bad idea... so figure out what is feasible and then you go for that!