These people will just self-insure. 

Savan cool well it is good to start and when it is the first deal it is wiser to be cautious and not over extend one self on the payment and rehab costs.

We rented out home in Vegas as fully furnished. and where shocked to see rents at double or more standard rent.. furnishing nice but not over the top.. been very good on that end plus with rents that high the quality of the tennants is very good.. can easily self manage..

I was under the impression that bank statement loans are an option for self employed

After seeing a video somewhere, I made the tool in the photos, using wood, some screws and stick-on rubber safety tread from Harbor Freight: https://www.harborfreight.com/self-adhesive-rubber-safety-step-tread-98856.html.

@Jamie Parker we've got a lot of this already setup for investors in Detroit, so please PM us.Otherwise, the BP Moderators flag our posts for self-promotion:(

Now, it's paid off fully, worth about $65k, I self-managed it from the west coast and it's brought in over $40k in gross rents cash flowing about $800/month.

They buy at deep discounts and have economies of Scale to be able to wait out the time when Homes Prices and Rent Prices must rise eventually.It's a lose-lose for Mom and Pop but a Win-Win for Big Money Landlords.It's the complete opposite of what the Liberal's intentions wanted and they will fall into self-delusion that it's a Conspiracy of the Rich.

.: Quote from @Nate Marshall:  Wholesalers are starting to get defensive.

Ultimately these traits are saving you time and time is more important and expensive than 3-6% commission ( obviously depends on your conditions and your goals) so ask your self that question .