It's the one-year required management agreement at 10% that can get you (although you can re-up the following year at a discount if you pay the entire year at once).What you definitely need to avoid is leasing through them, should your property become vacant.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

Happy to chat to you about those first tie home buyer programs.. some of them require almost no money down!

Please be aware that all national homebuilders, and I would assume solar developers as well, will want enough time in the contract to conduct substantial due diligence, rezone (if needed), and get all required land development permits in place before closing on the land. 

That will require that wholesalers become licensed agents.

If the rate is reasonable then it may make sense to try to save fast to get to the 3.5% down payment on a double or triple - househacking may allow you to increase your savings rate and pay down that loan even faster.As for estimating costs, closing in NY factor at least 1% of the mortgage amount for tax, plus $1500-2000 for lawyer, title and fees, then the amount required by the bank for escrow will depend on the actual property taxes and insurance.

You could go either route but don't mix the two in concept as one is a mule and the other is a horse.And, the requirement that properties be listed for sale by a bank is a bank regulatory issue having nothing to do with the NAR, it ensures that the property is held for sale in a public market at its assumed fair market value.

@Akil MitchellFrom my experience, when buying a property, it's crucial to assess local building codes, potential de-conversion costs, and permit requirements.

Proper documentation and consistent reporting are crucial to ensure compliance with IRS requirements.

While this approach often delivers the highest returns, it does require a significant investment of time and effort.If your time is limited, consider turnkey providers.