The situation is I have a potential renter, she submitted an application and Smartmove and I'm not impressed for a number of reasons, inlcuding: 3 felonies for theft and fraud (more than 10 years ago), she only makes 2.5x the monthly rental amount, she's a bartender so her reported income is questionable, and the last red flag is she is in a serious rush to move in because her previous landlord supposedly sold the home she was renting.

At this point I’m a little confused because it’s 5 days later and it seems my offer has not been submitted yet.

Finally decided on a garage conversion ADU and plan was submitted today to the city.

My policy for holding units for tenants is they must submit an application, qualify for the unit (this includes references checking out), and the security deposit must be paid.

The downsides, though, is that the agent may not be able to submit the offer as quickly as you can in these informal cases, and the agent's commission might/will cut into the potential profit of the wholesaler, so that's a factor.Either way can work, and the better your personal relationship with the wholesaler the more strait-forward the process with be without the agent. 

It needed work, so I got bids (new furnace, ac, appliances) and submitted them to the lender, along with a list of what all we are going to do on the place.

-If it were to go on my Schedule B, do I not submit a schedule C for the LLC? 

Who is the entity that you are supposed to submit your application to?

@Kyle Longacre I just submitted an LOI for 104 unit in Va...if he is interested in investing in Va inbox me.

Are you willing to submit a non-contingent offer?