My tenant just informed that he accidentally burned holes on the carpet.

With only 10k available be careful about finding a place that needs a ton of work as you'll quickly burn through it!

I'm not sure of who to contact but I know from my agent here in Virginia that for a while his company wouldn't write policies in WV because it was actually legal to burn your house down.  

As a new real estate investor, I got burned on my first full rehab in South Philadelphia.

that said, I’ve been burned by many super nice guys who seem to want to help me, and since I’m new to the wholesale side, I’d love some reassurance the 50/50 split is normal, or warn me to go back and renegotiate the profits if I go the wholesale route. 

Go to your local REIA, find someone with an unused HELOC burning a hole in their pocket.

NOTE TO ALL BUYERS: Just learned from a mortgage lender I was networking with that if I can get zoning to put in a letter that if my house burns today zoning will allow me to build a residential house on it tomorrow.

Ideally, I’d recommend If you could structure a deal where you could turn and burn some lower to mid priced new construction 300-500k-ish and had options on lots but didn’t have to sit on them.

What if the placed burned to the ground before closing or a tree fell on it?

Of course, some out of state folks will take a shot at these and get burned.