@Jeffery Jones you understand you'll be buying Class C & D properties, not in the best of areas?

If you're looking at buying a rental or house hack in the Triangle, then you should consider short term rentals. 

I know it’s no longer legal to do wholesaling in SC but let’s say you have the money to buy the property and you can turn it around.

Buy a duplex or triplex or quadplex with an FHA and live in one unit and rent the others.

I don't care if 99 of 100 homes in the area have K&T, I would NOT buy it and leave it with K&T anywhere.

With that strategy, I'm not a real estate agent BUT I am also reading a book called "BUY, REHAB,RENT, REFINANCE, REPEAT.

I went in one day and manager asked if I would be interested in buying a shell that was in default.

If you buy less or take cash out you will pay tax on that amount. 

Numbers always look good on paper but between holding costs when acquiring and renovating property, closing costs on can also add up.I am not saying it cannot be done, as I did it with about 75 loans in a very similar fashion (except I was buying NPL's and got them reperforming).

All end buyers can see it on the market now and can buy it direct so what would the point be of you locking it up on assignment and then asking people to come back and buy it when they already could have bought it without paying you spread in the middle.