Key is make sure you have a good surveyor and title company. s far as being ready all about the market in that most people who purchase either one of these products are not interested in any maintenance and would rather pay monthly dues. 

Hi guys, I am self employed with no proof of W2s, i make a living buying cars at dealer auctions and leaving them on a local used car lot on consignment, I have $30k liquid and around $90k tied up in my current vehicles, usually my  vehicle inventory is sub 11, I want to get into the real estate game but in my situation im guessing its hard to get a good deal in getting a loan, I am single, no debt or responsibilities , ideally i would like to start with a single family home but in the current market so high i would even consider condos/town homes.

Typically most loan origination fees on conventional/FHA loans are capped at 2.25-2.5% depending on the lender. 

Higher interest rates have made it difficult for buyers to secure loans, while sellers are hesitant to part ways with their fixed-rate mortgages.

I ask because you will find that a lot of lenders require prior rehab expereince for a fix and flip loan. 

There are companies out there that manage the whole process for you, which I am considering, though until now, I have really wanted the understand all aspects of the vacation rental myself.

They are separate companies that track credit.

The title company will show you any liens on the property.

Loan assumption isn't an option here.

Hi Andrew,Thank you for your reply.I haven't asked our insurance company yet, but I will do so tomorrow.