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I'm not saying the IRS is looking at this as a priority to enforce but, if you think about it, the technicalities are easy to break and most of the people doing it are concentrated in a handful of companies.

Everify is like the Patriot Act - you do NOT want it in the hands of the wrong leadership.

Basic construction and maintenance knowledge/skills will help you save money on repairs.The more hands-on you can be in the beginning the more money you'll have left over.

I guess that makes sense and I would actually use cash on hand to fix up the place (I am estimating materials at 25k) Labor costs I will be eating since I along with my father in law would be handling the fixes.

I would like to start throwing up some of my own deals to attract any possible buyers but it just doesn't seem like there is any money trading hands here, of course I can and probably am further from the truth

Low income rentals require more hands-on management, but they also have better profit margins.

On the other hand, if you're going to wholesale it, then you need to find an ignorant newbie.

since you wanna give the least money you can for earnest money lets say $10 what do they do with that you just hand them ten dollars?

Get a property under contract and the buyers with cash in hand ready to close will come at you from every direction.