You can't just start a syndication as a GP with no background in investing so I don't know your play here.

We’ll see in 24 mo if my strategy plays out.

Also, some lenders can do "no ratio" dscr loans but cash flow does play big part in pricing so keep that in mind. 

I realize there are a lot of variables at play during turnovers, such as:- What was the condition prior to tenant move-in and what is the condition after move-out?

I suspect the odds that the wholesaler did not misrepresent anything is fairly small.if your wholesaler is picking up the legal costs to pursue this so that you are only going to be out the time value of your earnest money, I think I would just sit back and see how this plays out.  

Hoarders get attached to their belongings so not only do they not want to let go of all the stuff, they don't want to leave.If it's an heir of a hoarder, the play is easy.

They have called the police on guests (in the middle of the day, for parking over a sidewalk in the driveway, for noise when guests were playing dominoes by the pool and on and on)…one neighbor yelled obscenities at my guests (in front of children), saying, “We don’t want tourists!” 

With the current housing market being so competitive, how do you see private money lending playing a role in securing properties quickly?

It's been nice to build different plans and seeing how/when the addition of more rental properties plays out in reaching my financial goals.Just wanted to share, thought others here might enjoy it too!

when lehigh was put in they punched in roads to 250,000 lots.. one can google earth it today and see blocks of lots with like 2 or 5 homes per 50 lots.. lots trade there when its good times for 20 to 25k and bad times 2 to 10k  like a ping pong ball.. the GFC took down many land plays even out west..