Which is why wholesaling is much more attractive because it requires no start up money. you cannot successfully wholesale as its taught by on line courses or gurus if you have no money.. the successful wholesalers be them licensed or not spend THOUSANDS upon THOUSANDS a month on lead generation.you could bird dog.. maybe with limited captial just gas and a phone and hope that you get paid. 

Either that or find a lender that will let you keep the separate loans (rather than paying for additional closing costs) and cross collateralize them on a line of credit.

Otherwise, if you hold them in your personal name you do not need a business account.You also want to look at whether a pass-through entity helps your bottom line and your taxes.

On second thought, Did you know the lakes of the ozarks have more coast line than California?

I question why that isn't a line item in the calculations that I have seen people use. 

I would be more concerned about what caused the mold especially how it has almost a straight line horizontally across that wall. 

That’s very different than if you were approved for a line of credit for $150k.  

@Kyle Marek I think that depending on where you are (close to the rail lines in SD, ocean, downtown) you could do much better renting by the night than by the month.

In other words get your financing lined up - inspectors / contractors you can rely on etc... then when the opportunity presents itself you can act accordingly.

Our luxury units that sleep 16 wont be getting booked at $1000/night as much anymore, but our 2 BR 1 BA bungalow will have people lined up to book it for a week or a month at $50/night.