Clearly, those people can't afford that loan, so why was it even offered to them?

Unfortunately, I know my lease does not specify how the security deposit is handled when you have two unrelated people signing the lease.   

I can tell you that their involvement is on the financing side only, as they work with local installer partners on the back end with the installer managing the customer relationship so Mosaic wouldn’t typically interact with the customer directly which might explain the gap in the line of communication.

By managing the financing in-house, we maintained control over the process, allowing us to focus on maximizing the deal's profitability for our partner, Jamari Spruell.

I make sure to ask that the person applicant gives me is the owner not the property manager 

It is common for many auctions to get called off at the last minute because people will file a court paper to get the auction stopped.  

Also, below are some ideas I've had.It seems to make sense to start with a list of people in my ideal area that have owned land for a long time and are not actively using it.   

Find a market you like, then look for a really good property manager with a long track record.

May not have as much cash flow but equity would be there.Also you make your money on the overall management of the asset, from the due diligence from the beginning through proper management and exit.I also agree that there are properties that I have had people want to give me and i have said no.

I do owe him 5k and told him the checks were ready for pickup but still no response  This is someone who probably will not respond, people that go silent are ones that are not willing to face the truth/cannot meet the expectations.