Most Hard money lenders are going to require 20% of cost so if you have that plus reserves then that is by far the best bet.If this Is for real and they are not just trying to get a thousand bird dogs to pay them a 795 up front fee for their inspector they probably pay 100 bucks to drive out and look at and fund very few deals ( like many mortgage scams) .. then these can be pretty nice set ups for you to gain experience and build your resume'I would also hit Mark off line he is a very experienced licensed Broker in that area and one who knows the investor side of the coin

I just had one of these I made a title claim and the title company paid me off.if your stupid enough to buy without title insurance your in trouble.also if you don't know any better and don't pay for a policy that also covers the wholesale fee your going to be out of luck when you make your claim . along with any rehab you have done.Now for me I was able to make the claim and got paid AND I filed a quiet title action and won that so now I own the property .. the fraudster is being chased by the title company and well it took 18 months but it looks like we might come out ahead..

Birds of a feather flock together!

Then the new renter can pay the rent and maybe even chase the old tenant out.

So I don’t want to spend 5 or 10 of those hours chasing a deal that has little or no chance of coming to fruition.  

Quote from @Chase Hoover: Used to manage a portfolio of around 30 STRs in Lake Worth Beach - cool town. 

A bird in the hand...Good luck to you and dad. 

Birds of a feather flock together!

Extra fees and deposits chase off bookings and lower your yields substantially. 

I think your probably chasing rainbows here.