DaveDave, The IRS will review the dealer status on a deal by deal basis, with primary focus on what your original intention was with acquiring the property.

Of course if they don't respond or refuse to pay rent I would begin the eviction process but in the meantime I'm simply looking for a nice intro letter to "occupants" to help determine their status and intentions.  

If the offer has a loan contingency, I'd call up the buyer's broker and ask for status.

Obviously do this carefully without having them burn the place down.Option 2 would be to sit down with them and to gauge their financial status and their level of merit as good tenants.

Berger submitted false documents in connection with the loan applications that inflated the true value of the properties, misrepresented the borrower’s employment status and overstated the borrowers’ income.

established long term tenants get to participate in new tenant screening, in that they get a say who they want as their new neighbors.established long term tenants are classified into gold, silver and bronze statuses with gold being 5 years or more.

Secondly, it is kind of irresponsible to do that since both my husband and I still have jobs with stable financial status comparing with millions others are under water.

on biggerpockets and not on "How can i become a professional real estate status.

My investment in time gives me insight to the character more than just credit status.

R those houses labeled as such in the records or might they just go under short sale or foreclosure status?