And speaking of reserves, the $6000 would endanger my six months mortgage reserve requirement ($41,000) which I am now only just meeting.

I suppose you could find a good landlord attorney who could petition the court that the guy was endangering others.  

If someone is endangering themselves by hoarding (and destroying the property, causing smell/rodents/fire hazards for neighbors), their house should be condemned and they be removed by the city.

She fully supports these government programs even though the problem increases, endangers the public, and ruins communities.

Not to mention if you do it wrong - you die, literally or at least burn your house down and when it's investigated (and it will be) and your insurance company finds evidence of arson (and they will) you're not only going to get your claim denied, you will be liable for the damage you did to the tenants contents and endangering their lives.

I'm feeling that without a background and just starting out that I could be endangering people's money by trying to do something as elaborate as finance a house flip with someone else's money right out of the box. 

Carlos, You are absolutely correct, there's  no need for a permitKeep in mind though, if it involves endangering yourself and public safety as to plumbing, electrical, load bearing columns and wall structures, etc.

This shows how important its role is in supporting communities and saving jobs.The IRS implemented a new withdrawal process to help alleviate issues with fraudulent or incorrect claims being filed that could potentially endanger companies.

You need to understand zoning, entitlement risk, political environment, local neighborhood groups (NIMBYs), water, sewer, electricity, gas availability, soils, grading, drainage, environmental issues like endangered species, and the costs of all the items just mentioned. 

One thing to know about buying land in the high desert is that Joshua Trees are in the process of being reclassified from Protected to Endangered.