I usually see a tape, have a 5-7 days to review, put in my offer, and told if I wine in 2-4 days, wire funds in 72 hours and get the collateral file in a week to 10 days after that.  

I do agree, that reviewing based on a score only can be misleading on both sides of the spectrum.  

Also, thank you for all the great tips, I have have been spending time reviewing all the awesome free information this website has.  

As well, there have been any number of syndication deals reviewed on BP that include a syndication 'cut' (e.g. 100% of the funds needed get less then 100% of the project with the syndication sponsor getting the balance).

I know I was reviewing a lot of Joe McCall's wholesaling these type of transactions and I wanted to get out there and try one, if I fail that's fine but I want to work my way through to try and learn from it.

Has anyone given letters to new tenants (we have a property manager), with basic budget resources (ala a Dave Ramsey), with the discaimer we are not financial advisors and reviewed by our attorney. 

Marian - A $1000 total is a very resonable price, and most will split the fee between the sale and purchase, so if you do not end up identifying, you are only spending a portion of the fee.A GOOD QI will answer all of your questions, explain the process, and explain the tax code, prepare the exchange agreement and other necessary documents as per the IRS regs, setup an account for your exchange funds, have security measures in place to be sure your funds are secure, prepare exchange documents for your purchase, review your closing statements to be sure there are no items that may cause you a tax consequence, fund your closing, keep you updated through the exchange with account statements.Most importantly they will be bonded, insured and know what they are doing.

And if the "life" of the loan is contractually 1 year, to be renewed annually for a processing fee after financial review, is the "life of the loan" one year?

Read it loved it and was actually looking at a review of one of his other books that someone posted on here.

In popular areas, it's easy to get lost in the stack of places on VRBO, especially if you're new and don't have many reviews.