At least it sounds viable financially, just need to confirm the legality.

I invest in tax deed properties in Ohio, which has a slightly unusual system in that if you 'win' a property at auction, you only have to pay a deposit on the day (usually around 10%), and the full amount is not due until the sale is confirmed by the court (ohio is a judicial state), which is usually a few weeks later.This is sort of like having a property 'under contract', when you would normally go off and try to get funding for the rehab / a buyer etc.

I will again confirm just to make sure I am not putting myself at risk.

I have no idea what the contractors cost is for a mound, so I hope I'm not expecting too much help without insulting him.That would pretty much pay for it, without completely draining the 5k reserve. (10k from bank plus the 4k from the roof)That would be a lot quicker that asking them to do it.

Inspector: to confirm the condition of the house.Insurance provider: where to go for getting proper coverage and get competitive ratesMortgage Broker – I am not sure if they lend to overseas investor?

I like to say it is reserves for future use.  

Hello BP Fam,I am starting out as a wholesaler, as most who have only a part-time job and very little cash reserves wouldHow do I identify and address any liens/judgments on a given property before going through with the deal with my partners (investor buyers) so that those issues cannot and will not pop up later?

I have reservations  regardinh hard money because what if the flip has to turn into a hold because it doesnt sell quickly?

You'd then have a good chunk of money left over for any repairs and some initial reserves.  

If you don't want to deal with rent control it is easy to avoid them.Account Closed  and others can confirm this information for you.