No one expects you to put money down when you tell people exactly what you are planning to do and how it works.Forget what everyone told you about how wholesaling is done.

My plan moving forward is to acquire another 20 doors before years end and I'll provide another Portfolio update around then.Happy Investing!

I would buy a deal that at least minimally cashflows (they exist) and then plan to refi in the 18-36 month window.

.- The townhouse you're moving into is currently a rental, but you plan to live there two years for the 121 exclusion.

@Chris HainsI use the House Flipping Spreadsheet (https://www.houseflippingspreadsheet.com/) to do the planning, analysis and estimating prior to purchase. 

The plan was to refinance when rates dropped to improve cashflow, we just had to get out of our hard money loans at the time.

If you plan to grow your portfolio, consider setting up separate LLCs for each property to shield them from liabilities tied to others, though this adds complexity and costs. 

When the second phase was built, the units have the same floor plan, but they added individual heat pumps and individual hor water heaters in each unit, so that they were on the occupant's electric bill. 

Yeah this is exactly the plan!

It is currently rented, and we are bullish on the building and plan to keep the unit in our portfolio.