So many of the smart folks (I'm listening to like 5 REI podcasts regularly #addict) persuasively recommend an SDIRA over just relying on the Stocks & Bonds Industrial Complex.

No one In my Family has boughten a house so I have no mentor to go to.No car payment , some credit card debt and regular bills is my liabilities.

I'm sure wholesaling can be expensive, but very small  compared to regular investing... it's a much more economical option.  

Going forward the best system is to do regular inspections, quarterly, and when any damage is found immediate have it repaired.

@Jevon Smith If you’re buying residential and want a regular residential loan, there’s no need for a business plan or stuff like thatYou’ll need more then this but in general 30 days pay stubs, 2 years tax returns, bank statements for funds

You can try but success is unlikely.In only two months the clean up should only require a little bleach not a clean up company.

I would keep all of that and then just him a new check via regular mail.Except I'd also add one more line item to the deductions for unnecessarily having to buy a 50 cent stamp, because he was too lazy to pick up the certified mail you'd already sent. 

If you are flipping houses on regular basis, this activity would qualify you for a Truly self-directed Solo 401k plan, which has number of advantages over SDIRA, you then should investigate this route. 

Let them know that the day after their deadline, you will have workers scheduled to clean carpet, do work in the home and they must be out. 

That also explains why my 100% remodeled from head to toe house gets appraised at the same value as a similar house that hasn’t been painted or cleaned in 40 years.