So they're playing it safe. 

We saw a way to help out the seller in a time of need and there was a large value add play for someone who had the money and experience to take care of the major leak and mold issues.

It's an idea I've been playing with.

It's easier to walk through life playing the victim.

It hasn't happened yet and they have a backup however I prefer to play it safe. 

(And keeping your numbers accurate and your rehabs running smooth) Another route to utilizing this 300k would be to spend a weekend in Vegas playing blackjack and buying Mai Tais...but those days are behind me!

However, I would not play with this because that is a great way to land yourself in prison for mortgage fraud.

An update on how everything turned out - including how expenses played out - would be greatly appreciated.

Investors profit with Principals on the deal...that's how it works, but if your "Teachers Union" investors are simply owning stock market shares in the company on the stock exchange they are "Playing the Market" up and downs and are not sharing in the profits of the company.

@Kay Kay Singh Glad that worked out for you, but IMO that's playing with fire.