I'm not afraid to buy, in fact I hate money sitting in the bank doing nothing for me.

This is rarely the case for the following reasons:In 15 years of doing residential and commercial real estate, I have never seen an investor sell a performing asset. 100% of the time of the investigated properties, they were losing money.

I would lend it out via hard money, which I'm currently doing, at 10%. 

Depending on how much money you're making (which, if you're at a loss, may not be a ton), those trusts can sometimes cause more tax than going the standard LLC route and just paying the $800 in the first place.I'm not sure from your post if you're talking about income taxes that are owed, or the $800 LLC fee, which is more akin to a franchise fee in the terminology that you're using. 

I once had a guru say that people who use their own money in real estate are lazy.

It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to connect to discuss further. 

I thought of wholesaling as a way to get my feet wet and to build capital without having to use my own money.

I don't want to spend a lot of $$ in property management. 

Expensive GC who I have confidence in but I'd rather not spend the extra $ unless it's highly advisable.2.

If during the tenancy you decide to switch bank accounts to hold the deposit, you must give the tenant notice of where the money is being held within 30 days of moving to the different account.