@Sunny Burns is even more impressive and was on the BP podcast way back when. 

If your loan is in a 2nd position what recourse will you have if there's a foreclosureInsurance- Do you want you or your company named on the Insurance policy if the place burns down so you get paid?

Hello Anthony,I've been working with 2 Investors who've decided to actually pay me in cash.This became a bad habit for me because I've gotten burned twice on two deals a little while after that.

Quote from @William Burns: I have been seeing more opportunities for fix and flips lately.

I have spot sanded  and recoated but that was for cigarette burns. 

The Duval County Florida Courthouse has burned down twice, taking it's records with it. 

However, maybe I'm not making myself clear the tenant would have to meet all screening and moving requirements that any tenant would have to meet.I suppose my question is about signing them month-to-month or how do I tell my agent that I'm not going with their tenant and keep the relationship without burning a bridge.  

You risk a bad review if you're not there in 15 minutes to fix the leaky toilet flapper or burned-out light bulb or resupply coffee and laundry soap. :)

There are definitely a lot of wholesalers doing "DTA (Direct To Agent)" but you really need to know what you are doing otherwise if you are just someone who is tying up their deal and wasting their time if you can't properly dispo it, you're going to burn your reputation.

Obviously, I don't know anything about your finances, so for all I know, you may have a few million in the bank, and this project is just a fun experiment that wouldn't even be a drop in the bucket if it all turns south...but, regardless, you'll want to model out what would happen if this project crashes and burns...As you may know, managing a rental in a D to F area (or even a C area) is usually not recommended (for many reasons), and funding a rehab with credit cards is also usually not recommended (again, for many reasons). ...even highly experienced investors often won't touch anything lower than C grade because of all the difficulties of managing and re-selling them...If you're dead set on rehabbing the place and keeping it, I'd strongly suggest studying up thoroughly on the local rental market and tenant pool (e.g.; rent medians and lower and upper bounds, typical days on market before securing a tenant, local vacancy rates, tenants' typical income, education level, employment opportunities, credit, and rental history).