@Danny Van Call Marilyn at the City Rental Dept. and she'll send you all the info you need.Be careful though, of leaving the house vacant for more than 6 months.

If you really want to welcome people to the community, you should be paying attention to what they wrote and reacting to that, not trying to be a welcome troll and get your post count up.

Not having divided attention will be a huge plus though!

It's all about carefully weighing the pros and cons.

Be careful with FHA some loans will keep the PMI for the life of the loan.  

Just be aware that the city is underdeveloped and you might want to be extra careful when choosing tenants to make sure that you'll be collecting your rent every month. 

Be careful of marketing the property on your own, there are a lot of scams out there directed towards tenants.

Before you take any action be sure to think carefully about what your goals are in the short, medium and long term.

It’s taking Seller a while to provide the HVAC report but while time passes after due diligence - Flooring cost is way too expensive at the price point they’re asking for 130K + Care of property never took place till decided to sell so I’m not comfortable any longer - Home sits on corner lot on a slight hill with crawl space - Lots of weather changes has caused the home to settle + improper supports needed. 

I never cared what they are making as the assignment fee, as long as I knew the numbers worked on my end.As for a purchase & rehab lender that will finance up to 100% of the wholesaler's assignment fee - I can introduce you to one that finances that and also 100% of the purchase & rehab up to 65-75% of the ARV.As a lender I sometimes receive off-market properties from wholesalers and other sources and share them to our borrowers if they fit what they are seeking.