My house is not 100 years old and has wood siding on it.I replaced a couple of pieces from dry rot 6 months ago and now I have a couple more pieces.

There are couple of links I found useful to learn about this.https://www.thebalance.com/how-to-invest-in-real-e...https://www.trustetc.com/real-estate-ira/rules

There are a couple permits that I need pulled (I'm getting the property refinanced and the appraiser wanted to see permits for a couple updates). 

I've purchased them used for a couple hundred or new for about 500-600.

I spoke with couple of local wholesalers to find the C class property but provided ones were too bad to be a C class :)

We've done a couple house flips over the past 9 years and are currently living in a house we rehabbed.

It can also go even deeper -- what if the loan AND the servicing are BOTH sold, BUT the original lender authorizes the loan servicer to use their trademark and branding, and authorizes the 1-800 number employees to answer the phone as if they were Wells Fargo employees?

For example, a 3bd 2bt single family like the one I'm looking at is around $1700_$1800 vs same size brand new condo would be over $2500 and people still accept to rent.

Seller asked to rent the house for couple of months after the sale of the house, until they find another home, which I agreed to.

I bought a lease option a couple years back.I signed a lease with the owner that gave me full authority - and full responsibility - for the property.