At some point consumers need to just rise up and state they will no longer be treated in this manner and move on to a company that will treat them right.

Good, honest people trying to make ends meet looking for a safe, maintained, healthy place to live.I don't have the headaches of Section 8 and the scum of the earth (apologies to slugs)... and I don't have to deal with finicky high end people just waiting to buy a house.

These are the best books that I've found for beginners for fix-and-flip and wholesaling:------------------------------------------------"FLIP: How to Find, Fix, and Sell Houses for Profit"Rick Villani and Clay DavisISBN-10: 0-07-148610-0ISBN-13: 978-0-07-148610-1"Getting Started in Real Estate Day Trading"Larry GoinsISBN-13: 987-0-470-41862-8 (cloth)------------------------------------------------As for earnest money deposit, it's not legally required for a valid binding contract (EMD is a deposit not consideration), unless the parties specifically agree in the contract that EMD is required or there is an unusual situation like California pre-foreclosure of an owner occupied home (in that situation CA law requires a nominal cash EMD of about $100 if I recall correctly), and some other states have some inane consumer protection laws regarding pre-foreclosure of owner occupied homes.Having said all that, if you are buying from a For Sale By Owner (FSBO), then I suggest using a 0% interest promissory note for the EMD, that is redeemed upon completion of the inspection period or upon contract assignment, whichever occurs first.

This puts your loan outside of residential consumer protection which is why Foreign National Loans are a bit niche.

Just a thought - it may be too time consuming.

Almost all lenders I know require personal guarantees unless your business is doing a LOT of projects and has healthy cash flow.

It is far more time consuming, but can be done.

What if they have two car payments, and credit card amd other consumer debt?

After Ifinished typing my post above the other night, I found myself logically going toward option 2 more, since it seemed cleanest, and it allowed for a complete separation of the assets consumed by each tenant, in order to track the depreciation independently of one another.At this point, I know I can make the final depreciation amountscome out the way I want them to, however what I was confused about is, what is the most acceptable practice in the industry for achieving that?

It just does not serve that purpose.It is not a fee that a consumer is paying to "get" the loan.