I just want to be free from this high mortgage payment of $2300 + maintenance & repairs and debt that has controlled us.

And, intent matters, but, by itself, is not controlling. 

My state has no rent control law. 

I have bought hundreds of properties at Sheriffs sale over the past 6 years and we have made a good profit and we have also lost our shirts on quite a few.

Zoning approval, neighborhood pushback, utility approvals, flood control, offsite street improvements may be required, engineering, etc. 

There is always the chance that they start to gain more control over your property than you have, but that's besides the point.We are still in a very strong seller's market right now, or demand is far exceeding supply.

I have lost money on a deal or three myself it happens, but I have made money many times over what I’ve lost.

Maybe it will, but I don't have direct control because it is being put on the seller. 

Ok Ryan, I'm going to be blunt here, but you need to step away from wholesaling as quickly as possible until you learn the basics of real estate, financing, and business in general.Let me ask you, do you think the seller is in possession of the title, or the lender that is in control of his VA loan?

There is probably no way to get around the Subpart F rules if you want to control and own most of the controlled foreign corporation.