@Steve BabiakGood distinction, Steve. 

I just searched around and i believe you're certaiy right: there is a distinction how losses (not sure about depretiation?)

This niche (and supply) is just not large enough for Wall St. who has to do everything on a grand scale due to the amount of money involved.I asked what I did above not because the local guru planted thoughts in my head, rather, its something I've been meaning to ask for a while as I start setting up my business.There are so many books out there that make this seem like a get rich quick scheme but my experience tells me otherwise and I wanted to hear from people who are actually doing it.From the outside looking in, it appears there are two distinct types of wholesalers: 1.

*Also note that a condo is not a type of construction, but rather a type of ownership...so this is a very important distinction when looking at comps - with condos you do not own the land or common elements, and the owner pays a (often hefty) monthly HOA fee, which affects purchasing power when considering financing, which indirectly affects value.

Though it is not the pivotal point here, I thought I would clarify this, as I can say for sure that Airbnb makes no distinction between who the owners of a property are.

Bank statement or letter head from a bank stating you have "xxxx" funds available.For financing you will use a pre approval letter.The distinction needs to be clear because of the financing contingency and how your offer stacks up against other offers.

Now a few miles away on the other side of town there were houses built in the same period that were small 1000 sqft cookie cutter boxes and the area was C- to C at best with a distinct lean towards D in some areas.

That is an important distinction. 

If there is a distinct chance that you will hold this property long term, lock in generationally low rates now.

Landlords are not required to issue them unless it is their distinct trade/business.