The reason I'm interested in this setup is because it allows me time to set aside money from the flips to pay what basically is the downpayment.

By any chance can you send me a PM, with some basic information for a typical class B or fixer upper.

As someone that does property management and does rent roll analysis basically daily, giving an incentive to residents is a good thing, it fosters a positive feeling from your residents that they are appreciated and it fosters a positive cash flow for you on time.

Assuming you purchase the place and hold it, you're in at 85% LTV on a place that is going to basically be a break-even for rents. 

You can do a basic "oil and grease" contract fairly Inexpensively or "all inclusive" contracts for a little more.

Basic, basic stuff.  

Basically all wholesale deals will follow this path.

The hard money lender will also be doing the paper work etc. so you just shadow that as well.recommend that you fund 100% of the deal and avoid for your first time a co Beneficiary transaction.. ( which is basically what crowd funding is  IE bringing a bunch of small investors into one loan)...

The kitchen has basic cabinets but it does have granite counters.

Great Job.Saved up some more RE deal money for a basic conventional loan offers.