So wholesale until I get the 10% down for a HML + 6 months reserves for every house I own.

I hear there's a recent case in Federal Court where an investor was found NOT GUILTY of violating anti spam laws because his text was asking to BUY a property, which isn't sales (which is what marketing is). 

Management & Leasing FeesManagement Fee: 10% of the monthly rent = $180/monthLeasing Fee (Tenant Placement): 60% of one month’s rent = $1,080 (one-time)Lease Renewal Fee: $250 per lease renewalUpfront & Annual FeesOnboarding Fee: $350 (one-time for setting up the property)Annual Administrative Fee: $45 per year (for statements and 1099s)Reserve Fund Requirement: $300 (held for maintenance and expenses)Maintenance & RepairsOrdinary Maintenance: Any repair costs exceeding $300 require owner approval.Emergency Repairs: Up to $300 without prior approval; HVAC, plumbing, and electrical repairs can go up to $500 without approval.Home Warranty Claim Handling: $40 per claim (if applicable).Multiple Quotes Request Fee: $100 per request if you require multiple vendor quotes.HVAC Filter Supply Fee: $195 per year per HVAC unit.Repairs & Improvements: 10% markup over vendor invoice cost.Additional FeesInterest on Unpaid Sums: 10% late fee with a $39 minimum per month.Paper Check Administrative Fee: $20 per check if not using direct deposit.Insurance Documentation Penalty: $40 per month if proof of insurance is not provided.Eviction Protection Program (Optional): $15/monthProperty Damage Protection Program (Optional): $25/monthTermination FeesEarly Termination Fee: Equal to the management fees for the remaining lease term.Vacant Property Termination Fee: $500 if no tenant is in place.Transfer to Another Manager: $500 file transfer fee. 

Do you also have another $150,000 in reserves?

An exception os if the owner of record is an individual and places the property in a trust that operates as a pass through entity,  the sale or transfer of said trust is a violation of the due on sale clause. ”The Garn-St Germain Act is a federal law that allows lenders to enter into or enforce contracts, including mortgage agreements, which have due-on-sale clauses even if a state’s constitution or laws, including their judicial decisions, prohibit such clauses.

The federal fair housing act is extremely sensitive and can be even more sensitive in certain states and cities.

Be sure to factor in contingencies for unexpected costs during the rehab process and maintain a realistic cash reserve for property management and maintenance.

I have seen it but its very short term and you are still going to need considerable funds to refinance out (6-9 months reserve etc.).

Explore detailed population growth statistics at the Federal Reserve Bank of St.

A conflicting Buyer Agency Agreement is one that overlaps in scope, time, and/or conditions with the current Agreement" but also includes the condition, "Buyer reserves the right to work with multiple agents."