In my personal opinion the seller should be aware of the market value of there home both before and after renovations and choose to sell to a wholesaler based on the convenience, timeline, inability to sell the house on the market, etc. 

Vivan, I am aware your name is not Ivana.

Here are a couple of methods of pipe replacement that I am aware of you might be interested in looking at.https://www.youtube.com/watch?

It's also important to be aware of any deed restrictions or covenants that could impact your intended use of the property.A Personal Anecdote:I once assisted a client in Omaha who purchased a Freddie Mac home intending to convert it into a rental property.

I was wondering if anyone here other than me was even aware of this new legislation and if anyone was working on anything like this.

Also be aware that your cash-out refi will likely need to be 75% - 80% LTV, not 99% like the initial financing when you run your numbers. 

You seem to be aware of this risk in referencing potential bottlenecks which puts you ahead of the curve. 

Sure, you are going to be getting/saving the Realtor commision, but in order to do that, you need to spend the investment into the Real Estate supplies that get you there.Thanks, I am certainly aware of the MLS benefits and agree. 

was not aware of that will have to do some diving into that one I know the owners of RD .. 

Be aware you will start getting requests from law enforcement and neighbors to view videos.