Offer has been submitted and I'll know tonight if it was accepted. this is a Bank Foreclosure.

He may have just accepted anyone, they may not like you, they may just take it as a sign they need to leave, etc...

For example, my rental criteria:  Your gross monthly income must be at least 3 times the monthly rental amount and you must provide me with acceptable written documentation substantiating your income dated within the past 30 days.

If you're accepting these loans in your own name and they are conventional loans, you will run into a limit of 4 or 10 depending on your credit and the prevailing lending market in your area.

If that is not acceptable then a pure Stated Loan is available through 3 or 4 hedge funds...but I would suggest the portfolio loan first to get yields under 5%.

Interest is accruing on the unpaid principal balance at the rate of $22.5728 per day after January 29, 2015 until the date of entry of this judgement, plus interest on the judgement amount (principal plus the shared appreciated recapture plus interest to the date of entry of this Judgement) at the rate of .33% computed daily and compounded annually, until paid in full and for the costs of this action, pursuant to Judgement and Order of Sale, being Civil action #..... entered on August 4, 2015.Minimum acceptable bid is $35,510.00.Terms of sale:  ...This sale shall be in bar and foreclosure of all right, title, interest, estate claim, demand or equity of redemption of the defendant(s) and of all persons claiming by, through, under or against them, provided the purchase price is equal to two-thirds of the appraised value.  

The house checked out with my contractor and I made an offer the next day and after some back-and-forth she accepted.  

If the cap rate and area are acceptable I will purchase all they have.

. :)Will the closing agent not accept a zero demand from the HOA as sufficient?

These neighbourhoods are almost exclusively houses that are used as student rentals. (5 or 6 bedrooms).