One more thing: if you house hack, pay rent to yourselves to simulate actual cash flow.

Software is what you make of it.DId you know someone once created a flight simulator in Excel?

The park is going to be world-class with simulated sky diving and a bunch of other stuff too.

I found a couple of "practice" sites that let you trade stock in real time on a simulated basis.

Then the above is based on model simulation of where the targets are.

Bottom floor with toilet is tile & top floors with bedrooms are vinyl simulated woods.

Is it best to take the simulation exams?

In your simulations though, you should have at a minimum of two cases.

I would use an excel spreadsheet and simulate each scenario up to 5 years. 

Since it is an REO, the bank gets to pick their title company and I can assure you they will not perform this for you.In order to pick your own title company, you will have to offer to pay all fees including the title policy, thus increasing your acquisition costs, and this will only happen IF the bank agrees.Secondly, your end buyer must be all cash.It can be done, but it is much more difficult to wholesale an REO via simul. close.