This guy is saying I can actually own half the place with my friend who is moving in with this tiny downpayment.  

So, yes, putting as little money down with an FHA loan and having a lot more capital available and still having a tiny monthly payment sounds amazing relative to buying brand new 25% down. 

It doesn't need a lot of work, little bit of everything in terms of finishing touches (paint touch ups, drywall patches) and very tiny jobs (installing closet doors, trims and baseboards in some areas).

I mean if the unlicensed wholesaler get away with what they do by withholding information.. agents just have to put that one tiny line in the contract and all is good..

Does anyone have experience w/ developing land for Tiny house connections? 

Then you will know that area that our rental is in the area Mira Mesa (it's a tiny 3 bedroom, 2 bath, 1040 sq. ft house). 

Weeks ago closed on tiny 300sf bldg on 1900sf lot in Pioneer Blvd area of Artesia.Went to city and county to pull bldg info and all they had was permits for electric, plumb, bathroom, signs, fence, etc but no actual blueprint or plans showing the building's interior dimensions and floorplan.Signed up at arcbazar to collect bids but instead they charged my paypal account over $500 for the project budget, in advance then put it on hold hours later, blocking any bids.

That could depend on a lot of things.First is the basement large enough - high enough to make a bedroom with ceilings and floors and be of legal height.Is there an egress window, not those little tiny basement windows, but large windows with outside access either right out the side or through a well dug in for an egress window.Then is there space to make the bedroom of legal size and a closet.If you have space and an egress window, it's not overly expensive to frame in and drywall and install carpet. 

It’s (a tiny) part of the cost of doing business.

tiny bed rooms tiny baths sounds like a boarding house