Once a complete loss mitigation application is received, the servicer must review that application before starting the foreclosure process.""

But it is very much applicable to single family rental and residential units simply by getting bridge financing and a post transfer cash out refi.

"Wholesaling", where you only find the deal for someone else and don't close on it first *your own self* is selling real estate and requires a real estate license here, and in many other states.

If you self manage short-term rentals it's well within reach. 

The information contained in this post is not to be relied upon.

I also self manage.  

The VA Underwriting Guide says this:Verification: Rental of the Property Applicant Occupied Prior to the New Loan:Obtain a copy of the rental agreement on the property, if any.Use the prospective rental income only to offset the mortgage payment on the rental property and only if there is no indication that the property will be difficult to rent.

Maintenance at at PM company or one of the big hedge owners like AH4R, leasing at apartment complex will teach you a lot about applications, fraud, leases, collections, evictions. 

Are you looking at the maintenance/repair costs of the homes once in place, W/S/G costs. septic expense if applicable? 

Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.