Make sure they have actual verifiable experience and that your personalities mesh well.

On the other hand if you wholesale it and get it under contract for $60K and assign it for a $5K fee, then you take a short cut to getting to your $5K profit, but you miss the opportunity to learn the rehab part.As has been said before, verify your numbers...trust no one's numbers but your own, assume nothing.

If they're discouraging you from renovating and discouraging you from renting it out, I'd probably want to verify that with a couple other brokers in the area.Also, it's not clear what you mean when you say your mom is letting you just take the house.

@Jim JaworowiczIf you inspect the unit and they take care of it and you have verified they have a solid payment history, I wouldn’t be too concerned.

A bank will require verifiable income.

If that is the case where you are you can verify real estate transfers or previous ownership and dates.

The last wire I got was delayed until a title person could get hold of me by voice (cell phone), he made me pull up and verify who I was, bank wire instructions, etc.I'm not so sure about this wire stuff anymore. 

hi, how are you, as an out of town,/state/country buyer, aquiring an as-is repairs needed, fixer, and verifying repairs?

If you have fair credit, verifiable rental history and consistent income you can easily secure FHA financing in Houston and the inner city is the ideal place to house hack because of it's proximity to all the cool and trendy places downtown along with the major universities and Med Center.

Did that answer your question or were you asking if I independently verified the calculation?