You can also partner with others ... and might require some legal structure around it. 

I agree with Kim....make sure you get the right permits and that you also work with the county to rezone!

Is anyone familiar with the legal verbiage needed to wholesale a foreclosed property?

Ignoring the age old debate of wholesaling legality, I would say, just be honest and upfront about it to your sellers, and buyers.I made 3 deals wholesaling and got $43K out of it.Never give up never surrender and you will look just like me!

Eh I don't care its legal all over now.. but if they have a 550 fico and cant explain it ( like it happened because of 08 to 2010 that's a problem) also non payment of support for kids.. don't want to do business with any of those dead beats LOL.. you know what I am saying.. 

If you been filing US tax returns while in Japan (legally you should have) then even with a lower credit score you could possibly get a loan. 

They have no legal obligation to compromise on the assessed amount, as far as I know.

I read that airbnb is in grey area in california with legalities changing every day, so that's my concern.

It can be difficult to get permits and can take up to two years to get your first guests. 

They will help you learn how to do it the legal way!