doesn't make sense to treat the house then throw all the stuff away, and replacing the carpet and repainting the entire house2.

If you took DIY possession, was it legally allowed because the property was abandoned, or was it illegally obtained and doesn't mean anything when it comes time to file a quiet title lawsuit.If legally abandoned, that means the owner is gone, has no intention of coming back and no intention of ever doing anything with the property.

You can't see that money directly as it doesn't go into your bank account. 

I buy homes as a primary residence with 5% down and move into them keeping my previous as a rental and the area that I live doesn't have new builds that would work for us, otherwise I would buy a new build. 

If the offer price is too good to be true you may be dealing with an inexperienced wholesaler who doesn't know the market. 

But really you’re just creating a second job for yourself and one that doesn’t pay very well if it even is cash flow positive at all 😆I used to buy houses for STR but now that I’ve got several STRs up and running that I bought many years ago, I stopped buying STR once mortgage rates went up and housing prices went up.

Not that it really matters.No institutional lender will give someone a loan that doesn't have:1) Credit history2) A social security number3) Income3) Employment historyYou'll want to research Wholesaling and Land Contracts.

If the lender doesn’t make consumer-purpose loans, they will not need an NMLS number.

They are a platform that has no identity and doesn't really know what they are doing or who they are serving.

Just make sure you use a very honest agent that doesn't sugar coat anything and check the crime statistics and household income.