I’d say, sure no problem. As

It should not be a permitting problem (as long as it's sound, safe, non load bearing wall we are cutting the door into) since it's interior & should not involve the city.

Same goes for poor workmanship that causes a problem, a ladder falling on a tenant walking by, a fire caused by faulty wiring, etc, etc. 

If they want to offer 500k, you could say " Hey do you mind offering "500K + Processing Fee " or $497k + a 3,000 processing fee at the close of escrow " With the proper communication and deal structuring at the beginning for the most part it's not hard to get a buyer to agree to this.If you know the buyer it’s very easyWhat if it’s a random buyer who is putting the offer through the MLS  If it’s allowed to put that in the MLS listing, then that solves that problem as well   

You will find friendly brokers that are out there the biggest problem as a wholesaler is there is a huge disconnect in terms of what is being taught by the Guru on the internet and the IDFPR rules.

Here's why-https://www.biggerpockets.com/...I'm in LA, so same problem as you.

Pretty much all of SoCal is going to offer the same problem as LA, so just getting out of LA doesn't do much.

The problem as I see it is this: Mortgage is in my wife and my name, the Deed will be transferred to my LLC and therefore my state (Washington) will expect taxes paid by that entity, and same with my rental insurance.

Search here for BRRRR; Buy,, rehab, rent, refinance, repeat.The problem as @Brent Coombs pointed out on an investment property you will only be able to get about 75% to maybe 80% loan to value (LTV). 

I do understand now and it is not as huge of a problem as I thought it was going to be.