Where the letters aren’t outright fraudulent and lies, they are misleading, with the person selling or giving the proof of funds letter to the unqualified wholesaler doing zero due diligence on the property and at best stating that, technically, funds could exist and or be set aside for the purchase of the property,The practice, when used this way is meant to mislead, and those who ask for, give out, or receive, proof of funds letters in this way are not welcome here on BiggerPockets.The right answer here is to qualify for a loan on the property personally, and show this to a seller, or to be straightforward with the seller that you are in no position to buy the property personally, but will be wholesaling it for them. 

I’ll definitely be more assertive with this strategy, as it's important for us to stand out positively among the competition by offering a high-quality service that really makes a difference. 

My thought is, hopefully, I can get something a little nicer or slightly cheaper by being a 20 to 30 minute drive to Bodie island.

Kindly let me know about any positive or negative experiences with Keystone Funding Network (Not Keystone Funding), I need to know about the network.

But the deal is still horrible. most accounting would have this as no return as there is no cash flow while recovering a negative equity position.  

With your saved capital and no major obligations like high rent, you’re in a good position to make a smart move.

Even though it's been standing for 30 yrs or so, it's one major flood or major erosion event from some major structural failure in my opinion, especially being so close to a body of water.

As long as you can get positive cash flow at today's rate purchase now. 2.  

Additionally, I own an adjacent parcel with 5 acres of coffee and have obtained permits to operate an agricultural tourism business there, with entitlements to build two more dwellings.The estate is situated within a gated community, and while it’s a remarkable property with a lot of unique features, I’ve encountered some pushback from the neighbors, which has made me reconsider my position here.

By leveraging your experience as an appraiser and focusing on building a strong team familiar with the Charlotte market, you'll be well-positioned to start your house hacking journey.