Their lender says they can't underwrite the mortgage because there have been multiple title transfers and HUD rules say"no pattern of previous flipping activity for the subject property as evidenced by multiple title transfers within a 12 month time frame".How to other wholesale deals get around this issue?

Over the weekend the crew returned to find the entire floor soaked and all the flooring tiles had popped up, carpets squishing, etc. in other words...

Not reporting it on Schedule E does not mean that it is not investment property, but certainly helps shows as part of your pattern of holding for investment.

[/b]The House:5 Bed 2 bath Double WideCarpet and Tile Storm Cellar Good Neighborhood ( according to her)No Major Repairs ( according to her)I asked what would she like to get for it?

replace 2nd bath tile (dirty) with bathtub insert replace master shower (currently cultured marble??

It appears the house was framed initially, then the code changed and 2x6's are required on outer walls, so they actually built a matching frame, attached steel bands in a criss-cross pattern to cross-brace, and attached the newly framed outer wall to the existing.

For hazardous waste removal and other junk fees.My rule of thumb these days is to allow -20% profit on a major systems job (roofing, AC replacement)-$2-$2.25 per sq ft of fooring (Tile Hardwood)-$175per day/$25 hour/ per man for painting and handyman workI guess if a plumber can get $500 an hour then more power to him, but hes not getting that from me.And I can relate to your plumber story.

Over time you will start to see patterns.

Look at the return pattern of the Wilshire 5000 since 2009, in the teeth of a lousy economy, all driven by irresponsible Fed behavior.

I still like tile the best.