Moral of the story is, either someone at auction either buys your interest in the property whereby you get paid the reserve upto the total due under the lien or the property does not sell and it reverts to you as an property owner.  

A wholesaler does not have any of these things.There are far too many reasons that differentiate a licensed agent vs a wholesaler.The moral of the post was for newbie wholesalers to stop calling themselves investors.

As a wholesaler if you don't tell at least 3 lies within your 1st two deal you won't be allowed in the wholesalers club.... j/k :-)Here's my nickel of knowledge: Whether its a little lie, big lie or slight bending of the truth, if you feel it compromises your morals to the point you can't live with yourself then by all means stay clear from it.

Seeing as there is just the two of you, you could buy a place that's older and add a quite nice suite that YOU could live in (it'll be new once you renovate it - smaller but new and functional) while you rent out the rest of the house for a quite nice boost to your income.Buy the ugliest house on the nicest block and make sure parking won't be a problem.  

Moral of the story, if your name is not on it, or you don't have proof that you reimbursed the cost, it won't be allowed.

It is important to interview them, morals, ethics, and more to make sure it all aligns with you. 

The tenant moved out in the end of 2020 when we decided to take on a complete renovation to boost rents. 

Everyone needs to decide where they draw the line legally, morally, and ethically.

But I would like to hear some feedback wheather this can be done anymore, if its legal on paper and morally?

--I have designs on securing 3 more properties in the coming 6-8 months, so hopefully we can boost the passive income closer to $5,500 per month (now that I have mgmt fees).