Third parties in mortgage lending and servicing require license.  

Clean up 25k with conservative sale price of 360k.

You also have tons of new buyers who have money and/or credit who do not have full MLS access or do not get a reliable third party realtor to verify comps from these wholesalers are NOT cherry picked and do not misrepresent the values. 

We have fully licensed and insured contractors, electricians, real estate agents, and public notaries on the team as well as third party association with reputable contractors for the areas where we need to outsource. 

Going with Brandon's idea again, I estimate 10% of monthly rent to go towards PM and another 10% for vacancy which is very conservative since I expect to fill the house with a 1-year lease (either a student or family)

I then networked with other wholesalers in GA and got connected to a closing company that can do everything remotely by mailing contracts to all parties.

Then act quickly to make a conservative offer, remember if you start low you can always go up.

I'm trying to figure out, if it is truly bank owned, why is there a third party attached to it?

I mean seriously, they'll bend you over.Don't just think property price is an indicator of C or D, literally go drive the neighborhoods your interested in, Friday night, party night, gets you a good feel for a neighborhood.If the neighborhood is having a party, that's a war zone.

I have seen parties use this before as a bargaining chip to get their attorneys fees paid before they agree to release the earnest money to the other party.This is why you want language that says contractually if that party is due the earnest money for a breach of contract then the holding escrow company can release the earnest money to the non-breaching party without the breaching parties consent or approval.No legal advice given.