Verifying last 2 years of rental history very important!

Buying site unseen is a huge risk unless the buyer and wholesaler have a history doing deals together.My buyers trust the deals that I bring them, but I also provide them with in-depth inspection reports along with photos/videos of the inspection along with multiple cost to completes through multiple contractors.

Careful going outside state lines -- contract for deed is not allowed in Texas.The loan documents always have right to foreclose and recover property. 

Verifying last 2 years of rental history very important!

The answer was no they don't generate the mortgage nope they don't research the deed or title, and nope they don't prepare the closing documents so what part do they do ya I'm not sure why you need them either. 

They have no credit history, so you have no idea how responsible they are financially.

It takes them forever to sign documentation and make decisions.

@Joseph SpearGood feedback, but would be careful about buying based upon Cap Rate with Homeroom as you outline.Just have to look back at Airbnb history. 

Calculating these losses involves documenting the fair market value of the property before and after the disaster, adjusted for any insurance or other reimbursements.

Their rates are good but boy, they looked at my financials and ask some funny questions such as asking for proof that I could withdraw funds from my SEP IRA account, and that I need to provide documentation to verify that  this employer sponsored retirement account allows for funds to be withdrawn, or if withdrawals could only be made in connection with the borrowers employment termination, retirement or death etc. everyday they sent me something new to answer.