Quote from @Virginia VanOeveren: To start as a private money lender, educate yourself on real estate investing and lending practices, define clear loan criteria, and conduct thorough due diligence on borrowers and properties.

I will have POA and will conduct a 80% cash out refi, which the loan proceeds will then be paid to the seller and the title would then finally be transferred to me. 

They both have extensive experience in Duluth.Thanks for the mention @Tim Swierczek.

I for one built a simple chrome extension to see if the mortgage is less than rent and accordingly provide that information on every zillow listing page.

Based on your post and other comments, it sounds like your rehab is extensive enough that the property isn't habitable.

I will do my due diligence and extensive research before making any moves.

Most property management companies are licensed realtors with extensive experience working with investors and providing valuable insights into their local market.

Typically the more extensive the rehab the higher the value add.  

Hey Team, I am in the Wa area and looking to start learning how to conduct wholesaling properties, rental properties and apartment or multi family.

However, our seller wanted to actually identify the property prior to closing - they had extension rights in their contract.