A renter can be in place in 30 -45 days.I think it is a great deal and it establishes a relationship with the seller for future deals like this. 

But I would say that to me this seems to be a very unprofessional approach on the part of the agent to, in essence, try and intimidate you into remaining silent when you established a connection with the sellers that could have benefitted you.

A renter can be in place in 30 -45 days.I think it is a great deal and it establishes a relationship with the seller for future deals like this. 

Until I take my next step in REI and the majority of my business is comprised solely of assigning contracts to other private investors; I only want to be thought of or considered to be the number one wholesaler; at least in one way or another to every quality investor/professional that I have the privilege of I coming acrossI will always need as long as I am a real estate investor; all of the tricks, tools, & trades I learn through becoming a tremendous wholesalerI want every aspect of my lead generation, my property evaluations, my deal analysis, my renovation budgets (determinations, estimates, & timelines) the complete all in requirements in both time and holding cost spent from start to finish, establishing ARV’s, and of course nothing less than 100% picture perfect all-inclusive, data thorough, as easy to say yay or nay on in moment style property breakdown presentations!

If its brand new, your risk in renting is going to be higher than if they're an established organization with ongoing income.  

Richmond is interesting because there are some up and coming neighborhoods but you are taking a little bit of a gamble if you bet on those.

IRS Language“Trusts and trustees. 401(k) plans are funded through a trust established to hold and invest the plan’s assets.

Now, we all know that the gamble is that they "always will" renew & many have been caught with their 5 years ending in a bad lending year putting you at risk of the balloon payment coming due with the bank taking a pass on renewing.

Your guy may have a substance abusers or gambling problem.Everyone has a part in this.

Establish your screening criteria now, and write it down/document it.