Don’t trust photos.

Reimbursements can be paid out when they submit receipts and show progress photos (or you go inspect in-person).  

(pictured above the growing trash pile - all photos credited Ron Steinau)Wow what a turnout!

The house is a shortsale going for 299,900 and looks to need about 20k of work judging from the photos I've seen.

Ask detailed questions about the interior, look at current interior photos and let all parties know that if the interiors are not as described, there will be repercussions (walking from the deal, retrade, etc).  

In this respect, Illinois authorities, recognize the general rule that rights under a contract are freely assignable.As a general matter assignments are governed by contract law, and an assignment is subject to the same requisites for validity as are other contracts, such as intent, mutuality of assent, capacity to contract, legal subject matter, and consideration.

A 203k Loan is where the purchase price and rehab costs are rolled into a single loan.Assuming you have a respectable FICO you can buy, with a FHA Loan (3-5% down, a 30 year amortization schedule, and a residential loan rate).

That's great, how do you intend to go about that; get a real estate license and work as an agent, take real estate investor courses from motel gurus, find a mentor that you trust and respect to guide you and show you the ways of controlling flipping and building a real estate portfolio? 

If they're smart, instead of telling you "it's not legal and no respectable agent/broker will allow" , they'll try to share another way to invest, do try to hear them out.

I respect the heck out of law enforcement.