I believe that Jekyll suspected that I was not trusting him by then - and he was well aware of my professional background to commit an obvious act of fraud.As my partner and I continued to take turns in prodding Jekyll to provide latest expenses invoice and to show us photographic proof that the property was secured, he simply stopped acknowledging us.I was able to find a reliable former co-worker of a friend, who was an Indy resident, and happened to be visiting California on business.

So many assumptions..some are assuming that Blair wouldn't teach you to use disclosures/acknowledgments?

I have cameras and I also have the following section in my lease:SECURITY NOT PROMISED:The Tenant has inspected and acknowledges that all locks and smoke detectors are in working order.

There are annual gift limits, like $15k.It can be more than $15k in 1 year if paperwork is filled out,  reducing it from lifetime (federal) allowable, but it still needs to be acknowledged. 

Adam, I understand why you can't or won't acknowledge the basis of my opinion, that doing the deal with the intent to assign it back to the seller is nothing more than a side step claiming an equity interest to circumvent the license requirements, but's that's OK.I don't see this as getting a buyer to bend over too far because of it, maybe the seller spending much more than he might have had if he had just listed the property conventionally (that depends on how greedy the investor is).

This sounds like a scam, if you haven’t heard about the incident until now, I wouldn’t acknowledge the complaint.

The 2 brokers I talked to both acknowledged that I need 6% cap to cashflow.

The form he signed was basically an acknowledgement that he was aware I was entering into the HELOC loan agreement.However, there was never any issue between us that he would sign that form.  

Maybe have them sign a qualification acknowledgment before submitting the app. 

The second email, which typically takes between 60-90 days, will contain the signed Promissory Note, Deed of Trust, TitleInsurance Policy, and an acknowledgement of receipt form (to be returned to us).