Especially see who wholesalers are using.That title company/attorney will be your best friend when walking you through this type of deal.

Type David J Willis real estate law into google.

Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

Alternatively, Design/build could be a good option for this type of project.

I'd love to hear your thoughts on what kind of mail typically works best (typed letter, handwritten yellow letter, postcard, etc.), how can I quantify the amount of repairs the house is going to require (I have an idea of the ARV by looking at comps in the area, but I wouldn't know what to offer because I haven't seen the inside of the house and don't know the repairs required), and any other advice that you may have.

Credit cards: we'd like to avoid this at all costs because of high interest rates.Hard moneyPrivate moneyAre there any other loan types or financing options we should consider to deal with upfront CAPEX in the first 1-2 years until we have a larger CAPEX fund built up? 

If you’re going into the same type of field or career post military most lenders won’t see that as an issue

Wendy is right - but there's a lot to consider when it come to fraud.There are several types of fraud - most have to do with intent and the actions taken prior to, during, and after the fraud takes place - and all can be argued one way or another.Pretty much every single purchase money loan has a due on sale clause - if you are maliciously trying to sell a property without paying off the loan, yes, that's Intentional Positive Fraud and you can get cracked on it pretty good. 

@Mike Stadel it is possible he means licensed to do specific type of work.

The whole point of these type of  deals is for someone who wants to live in the 3br 2ba luxurious duplex while amortizing a larger mortgage and owning land outright vs condo association while paying less out of pocket then the comparable sq ft condo costs after assessments, etc.That top unit duplex pro-forma we figured $2750 w free parking spot.