Everything is profit after that (sort of).

And because the PM is not a non-profit, they mark it up 20% and now you get a bill for $287 to change a light bulb.. seems unfair.

I planned to recommend getting the deal under an assignable contract and if you can't make the financing work try to find an investor to transfer it to for a one-time profit. 

The property is gated so many rent out all 12 bedrooms and bathrooms for parties, retreats, anniversaries, team meetings and special celebrations.It's private and perfect for those who want privacy when they need it and company when they want it.It has appreciated and is now worth at least 3 million and we are looking for funding to refinance and share the profits with our investors.

The barrier to entry is lower so they seem attractive, and to the person who knows what they are doing, they can be very profitable.

We can’t profitably turn it into a LTR, or easily anything else.Desirability - well two favors balance out.

At that time it seemed like there were a lot of investors who had given up.That is not to say there is not opportunity there, but I could tell for me as someone who did not know the cities and tenant types well, it was probably going to be a lot of work for me to be profitable. 

This is maintained by the specific attorney’s office for the specific foreclosures they are performing.Although very profitable, Foreclosures are a poor choice for wholesaling, unless you have substantial capital.

Hi @Avi Manthe being a local milwaukee real estate investor here are some organizations that are worth checking out to grow your network for hard money, contractors, etc. 

We're worked with similar organizations or placement companies that help tenants in need from various situations (e.g., domestic violence).