This can sometimes help with regulations and building codes.Just my 2 cents. :)

I guess I should have stay the heck out of this one LOL

From what I've seen in this area right now, it seems like you'd have a hard time paying market LTR rents and making a good spread. 

I’d recommend connecting with local property managers and agents as soon as possible—agents can help you identify deals that fit your BRRRR criteria, and property managers can give insight into rental demand and market rents.

I've never heard of this.I suspect he's using fraudulent documentation.Stick to your process.

With most auctions the buyer cannot get into the property and evaluate its condition.

in my opinion it is a particularly tough time to get into wholesaling. 

I'm seeing a lot of people lately trying to force themselves into house hacks without an immediate cash flow/equity play and "banking" on appreciation or rates dropping. 

David, this deal could work, but I’d want to dig into a few things first. 80% occupancy with long-term tenants is solid, but what happens if a major tenant leaves?

Owner financing as a buyer is a great tool to use.