To do this legally, I know plans need to be drawn and submitted to the Planning Board.

HI @Ananth SubramanianI have not been in your shoes but have read others that have and from what it sounds like getting the judgement is the easy part and physically collecting the $$ from the tenants is the hardest most impossible part. I

(Property Meld for one)--- Owners often think a PMC can just enter a tenant's home to make repairs, but don't really understand the potential legal issues of entering when a tenant is not home.--- Owners don't understand the percentage of maintenance appointments tenants miss!

@Dean HalpinI’m not an attorney and can’t offer legal advice, but this situation seems to have the potential for a lawsuit for unpaid wages.

The last part is where results happen.

Note that legal and transfer costs are not deductible but can be added to your cost basis.

If there are any legal issues that I have to worry about etc. 

My point is cash has no exclusivity on being legally clean and far from it.

While they’re out partying, you’ll be home learning, analyzing deals, and honing your craft.

It is right on the fringe of being legal/illegal, and lawmakers have been talking about how to regulate it for years because it can be a dangerous process that leaves end Buyers feeling like they weren't represented.....especially when they see the closing statement and find out how much the wholesaler made just by getting to the Seller first.