My question is: when wholesaling, after finding a great deal, do you need real proof of funds to the get the property under contact or is there a way to get it under contract, find a buyer and complete a double closing/assign the right to sell without actually having the cash for the property? 

Multi-family properties are a great way to start since you can house hack and offset costs.What’s the main goal for you?

local PM and happy to help with connecting you with agents, contractors, lender etc. and running analysis on investment property.

I'm trying to gauge your level of experience as I want to make sure my opinions/suggestions about STL S8 properties relate to you.

If you keep the property in your name, but allow her to live in the property, I wouldn't charge her any rent. 

The current one lasted 8 years and needs to be replaced (as per what our property manager is saying)I heard front loaders could leak, so I typically only do top loaders for rentals.

@Sakshum Kulshrestha The key to the rental license in Philadelphia is ensuring the properties zoning allows the use.

My goal is to grow this business by expanding my investor network and seeking properties that will allow for additional scalability.

You are correct; it would be awkward having two different parties staying on the property. 

I’m a real estate investor and the owner of a fairly large property management firm here in Texas.