So my thoughts to what is or isn't a huge trigger for the IRS for audits is based on direct input from the industry.

Search for Tacoma-based members on BiggerPockets and filter by those with wholesaling experience.

We consulted with a designer once, but saw it as no value based on what we had already done ourselves.

Listen to @Ruchit Patel episode on Rent to Retirement podcast and it has been amazing to listen to the story.

In that scenario Section 8 tenants are the least risky tenant base. 

If you get 100% of the purchase price covered then you should have sufficient funds for the closing costs based on what you're saying. 

This^^^^^Unless he is loaded with cash reserves and can take a loan out based on his liquid reserves.

We have everything microsoft so we use sharepoint to hold the files and when updated it automatically gets updated and use microsoft copilot and create a copilot agent based on those documents and internally we then have it in microsoft teams so anyone can use it.

This will vary based on region but in general 2 – 5 points, 9% - 16% APR (meaning this is the annual rate so divide it by 12 to get the monthly interest amount), and documents fees can be from $600 – $1,900.

For context, I'm based in the SF Bay Area in CA and looking into buying my first OOS rental after house hacking locally for 10 years.