I figured some rent was better than none.One seasoned investor told me how to get rid of unwanted tenants and he called it "U-Haul Money".If you really want them out, offer to give them money to rent a U-haul for a one way move if they move out in say 72 hours or less.He told me that was better than to have them staying there a few months trashing the place and not paying you anything.Best Wishes with your investments.

Beware of wholesaling itu takes a lot of work and the right attitude. 

We’ll be buying it u set one name then transfer it under the LLC.

So if you don't have a solution that is fine, I just thought you might since you had such a strong opinion on it. U

For instance in certain cities in and around Cleveland OH  there is what is called POS .. and when properties change hands the municipality does an inspection and requires a large sometimes very large deposit from the buyer with a laundry list of things that must be addressed  ( although most of it U would normally do in a rehab.) but you have to put the money up AND you have to complete the work to get your deposit back.. so in essence you need enough cash to rehab twice.. :(   So implementing this in many markets will not be difficult. 

There's no easy way to do it u just have to have the time.

Property management is also not a terribly lucrative business model either unless you have it connected to a brokerage and you have other companies integrated with it like HVAC, plumbing, etc to funnel more business through it.  U

I'm looking to take these leads and send the owners either a yellow letter or postcard, I may mix it u, and convert these into some wholesale deals.

Although in my city Lake Oswego if you miss the height restrictions you are going to have to tear your roof off and fix it.. U

Lets say after you remodeled it u want to keep it, you can refinance with standard lender, but what if there is no 20% in equity?