(It will sell, for sure, if priced correctly.)Of  course I would be doing everything legally to protect my license, etc. 

I purchased a home last year and the insurance company (Allstate) contacted me a few months after closing stating they did a random drive by and my roof didn't meet their standards and I'd be dropped from the policy if a few minor issues weren't corrected. 

@Michael EhmannIt is with great hesitation that I post this, and I'm going to say some hard things, but I don't for a minute believe that you don't mean well, Michael.If I'm reading this correctly, you see this as a kindhearted, rather generous opportunity to help your fellow man out his plight and put him on a better road in life.

Just make sure he run your numbers correctly before purchasing so that you know whatever it is you will purchase can cash flow after all expenses

If you vet your buyers correctly, you would then market for homes that fit the buyers criteria so that you know they are ready to pull the trigger on those exact home(s) and price they were looking for. 

Yes you're correct... should have worded it differently but thank you for the correction!

That's absolutely correct!

While attorney fees seems high, you have to look at it is the cost of receiving something that could be worth a whole lot of money for nothing, and the attorney will make sure it's all done correctly.

The key is moving out early so you have time to make corrections if needed. 

Am I correct in assuming that if I get a pre-approval letter from a lender, it's only good for about three months, after which point I will have to get a new one with additional credit hard pulls?