These numbers are not great but for this area I think they're decent.Also I know that I bump rents in at least 2 of the units, and rent out the garages separate, and maybe even rent out some of the land for boat storage etc.Also the icing on the cake is my long term strategy, which would be to tear down the existing SFH and garage and build at least 4 more 2/1 units.

Mark I am in the same boat.

@Mike Flora  I was at J Martins last Oakland event.. and Bruce Norris did the keynote and I sat with Sean at dinner.Bruce likes SFR and half the Q and A for him was exactly that when is the crash coming and how deep will it be.his comments now were geared towards west coast but I do believe they are germane in many markets.He feels a market is not heading down until 20 to 30% or more of MLS is foreclosure acitivty or short sales and in our area that boat has sailed.. there is very little of either.He did mention though that he felt MF was  to use his words  " FROTHY"  his statement was when he talks to other MF owners and ask them would you buy your property for what you could sell it for today or a like kind one.. it was a resounding NO.. which to him or his point was he felt it was over valued and at some risk for moving backwards.. and from my VERY limited knowledge on MF I suspect that only happens in an over build situation to many doors not enough renters and you have rental bonus wars..

Is wholesaling still a viable way to make an income in real estate of has the boat sailed and if you’re not already in the game it is too hard to get into and to make deals

My question is...have I already missed the boat? 

I have nothing at the moment, so I’m in the same boat.

I'm in the same boat as you and would like to see what people are using.

Sounds like we are in the same boat as far as getting started.

If they aren't interested in selling, knock on the next door down or where the mentioned a neighbor may be thinking about selling.Repeat, Repeat, Repeat.Tip..... if someone has a sign in the yard for a car,or boat, or yard sale, etc., start a conversation about that sign first.Hope that helps.Derek Dombeck

I'm kind of in the same boat as @Alpesh Parmar.