If you simply wholesale as it is generally accomplished, you will not have done anything that a real estate agent doesn't do, it will be almost identical in facilitating a sale.

Mortgage logic is that if they can't back up their stated income with tax returns where they effectively made similar/identical statements to the IRS then they are either lying to us (mortgage fraud), or lying to the IRS (tax fraud), and either way we don't want that business.No reason you can't borrow that approach when qualifying tenant applicants. 

Following the question as originally asked, I'll assume both entities have identical ownership.

I learned my lesson when I thought that bird-dogging and wholesaling are identical, when in fact they refer to completely different things.Thank you in advance!

I tie my identity to learning/skill acquisition.You may like the Impact Theory podcast with Tom Bilyeu.

Theft is theft, not matter what time of year.

In asking about it, the realtor said this was common in the area due to metal theft (copper pipes in same house had been cut out, etc).

In my view, the two biggest risk factors with your plan are 1) repair cost overruns due to unforeseen structural or costly problems and 2) repair cost overruns due to theft.

Homicides have dropped to less than half of last year’s levels, and motor vehicle theft has shrunk by over one-third. 

Because eviction and theft are not usually great to see ...