They could work with an existing lender, do some marketing to help broker, get a cut and make FARRRR more $ with zero risk vs this EMD lending. 

As when people lose their jobs, the vacations they take is the first choice to cut back on. 

Heavy cases of clear cut fraud and flat out lying to their investors. 

That cut down on complaints about not having enough toiletries for people with longer stays. 

While I didn't love the 30% cut they took, I was happy to have it in experienced hands (and a lot of what they did, advised, etc. was on-track with what I had researched, discovered here and on other STR forums).

They will typically take a cut of the development fee and it’s worth it.

And you can do it with little cash, 5% down conventional is better than 3.5% FHA.House hacking also gives you a chance to cut your teeth in all major skills: analyzing deals, buying process, financing, working with contractors, advertising for rent, background checks, property management.

I would assume a greater emphasis on quality of materials and workmanship (and consequently higher rehab cost) for a rental where the investor will have to deal with the longer term implications of any corners that were cut.

Now there is clear cut law that if wholesaler does not follow the rules they cannot tie up EM or cloud title etc etc..

"You’re Taking a Cut as a Middleman, Making It Worse?"