Or is there some sort of fees that you have to pay if you do that?

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I'm on ListSource customizing a list, and under the Foreclosure tab it's giving me the option to select either pre-foreclosures, pending auction sales, and bank owned.I'm a newbie wholesaler and am working towards my first deal.

Doing that repeatedly is sort-of, kind-of, but not really abusing the intent of the program to help owner occupant buyers, not real estate investors. 

The Housing for Older Persons Act of 1995 (HOPA) seems to specifically permit this sort of rental.

I'm on ListSource customizing a list, and under the Foreclosure tab it's giving me the option to select either pre-foreclosures, pending auction sales, and bank owned.I'm a newbie wholesaler and am working towards my first deal.

At this time we extended the closing date multiple times, to allow for the owner to get through the necessary process to get the zoning and permits sorted out, with terms for them to complete work/process. 

This one sort of fell in our lap.

Had a guy doing part-time work for me that had the same epiphany of sorts.

Most lenders have some sort of extension policy.