You're asking high level tax questions that don't matter unless the investment pencils out; the cart before the horse.

@Davon Lowery  I understand your thought process.. but also you have to realize how people like this totally foul up INOCENT sellers.. all you talk about is poor wholesaler.. poor wholesaler.. when in fact if you just treat the seller fairly do not lie to them and or buy the property then resell.. then all is cool.get off your high horse .. your not correct in this one... there is so much that is wrong with how wholesaling is done in the current environment. it simply gives RE a bad name you have total beginners buggering up deals .. screwing up and taking advantage of sellers.. all for their own greed thats the simple facts.

@Randall Everett, hi and welcome to BP.Saying this respectfully, but you realize on this deal you put the cart (buying the house & fixing it) before the horse (coming up with that plan on how to do that). 

I think this horse has been thoroughly beaten and is now officially dead.

I might be putting the cart before the horse here, but I know at some point I will need to build a team when this goes the way I think it will go.I'm an electrician by trade and a tiny house enthusiast.

Look at any investment in any time and you will find people who look like Nostradamus, and people who missed the boat for whatever reason - fear, horse-drawn carriage syndrome, mistaken assumptions, etc.The bottom line is that you'll never know for sure except in the rear-view mirror.

(or search for a good Jockey before you look at horses)Many groups are just capital aggregators (not saying they are all bad), but many investors prefer groups that are vertically integrated and have in-house management in order to maintain control over their own deals.Happy hunting!

I doubt I could remember all of the tools we've used on our rentals, but I'll give it a shot.Screwdrivers of various sizes/types, hammers, crowbar, cat's paw, shovels, rakes, broom & dust pan, wrenches of various sizes/types, pliers, wire strippers, circuit tester, reciprocating saw, circular saw, hacksaw, tile saw, miter saw, table saw, box cutter, scissors, pencils, tape measure, level, drill with bits and other attachments, string, saw horses, rotozip, heatgun, clamps, tin snips, saber saw, trowels, buckets, sheet rock knives, nail guns, paint brushes, rollers, trays, paint sprayer, rags, hoses & sprayers, power washer, tarps, carpet stretcher, work lights, garbage cans, paper tiger, garden sprayer, extension ladder, step stool, 6 & 8 foot step ladders, air compressor, toilet brush, shop vac, extension cords, fans . . . . . . .

You might have the cart ahead of the horse if they haven't agreed to seller financing.

@Christian Wendelboe to answer one of your original questions, yes you can switch lenders mid-transaction, but you and the new lender have to get on your horse to get things done by your closing date.