I started diving more into the financing side at the end of last year and became a commercial and hard money broker.I've seen a lot of loans (on good deals) rejected due to these reasons:Not enough down payment / liquidityLack of experienceBad creditCitizenshipI feel bad when there's a good deal (70% rule, sometimes 60% rule) and the borrower loses it because they can't get financing for it. 

You will be surprised at how much inspectors and city officials want to be acknowledged and not simply seen as the bad guy....in most cases they are not the bad guy....but that is sometimes the perception.  

Of course, that is one of the things that gives wholesalers a bad name in the first place.

well then if its zoned for that and utls are there then carry forward.. its pretty tough in our markets though with build cost to make sense of building a duplex.. vis a vi rent.but I don't know your rental rates.. building costs are 100 a foot  so probably 300k or so to build it to rental grade plus lot.. so maybe your all in for 400klets say rents are 1500 a side  that's not bad..

Neither of the options you presented are necessarily good or bad, it all depends on the PM and their abilities.

I understand it might seem like a good idea skipping one and saving 6%.In my opinion a good realtor value is more than 6%, money we’ll spend..I emphasize in good realtor as in any industry there are bad and good Ive been fortunate enough to work with the best..

BTW the rents on this place in a year could possibly rebuild both units.Here are the bad: 1) STR in San Diego are constantly under intense scrutiny. 

Not a bad thought. 

So in real estate, when you all say you are hacking a house, I immediately think you are taking pride in doing a bad job.

She said that if I end-up with a bad tenant is easier to get them out, then if I had a rental agreement.