The lender stated he can not provide a pre approval as the tenant will be ready Hopefully by end January. 

Anyone use a Pre-paid legal service or recommend one? 

I went to a meetup and learned, when wholesaling a pre-foreclosure, there are restrictions on reselling the property within 90 days.

Taylor - I have a pre-approval in my name with a local bank. 

It is much more difficult to recoup the cost of installing central heat/air in a smaller home, especially if the ARV is a low price per sf; this is where you'd definitely want to consider the mini split option (the smallest ones even come as a DIY kit that doesn't require an HVAC technician as they come with a pre-charged line).On the flip side, this can be a good negotiation point.

Windows do not.Here is a good article with an overview of the Tangible Property Regs: https://www.thetaxadviser.com/issues/2015/apr/rohrs-apr15.htmlWarning for investors: this article was written for accountants.

Once you have 1 and 2, you will need a pre approval letter from a lender showing how much you qualify for. 

The terms seem too good to be true. 100% financing with 5% APR interest only payments and 2.5 points.

Do a pre-move out inspection so you can know which scope to potentially have your handyman ready on speed dial.

They'll let it sit for a pre-determined period of time before lowering the price.