You may need to offer more to sellers and sell to a smaller group of investors (who may buy with cash and/or are willing to work on tighter margins).To help understand your market better, put your name on your competitor wholesalers’ lists and see what they are “offering” and compare those to what you would expect using your current model.At this point I am having trouble getting the property contracted.

Lastly, what’s been the biggest surprise about being a landlord so far?

Our company has designed over 100 flips for Real Estate Investors in 12 states, and one of the biggest mistakes that we see our investors (try to) make is always going BOLD with the design!

However, if single-family homes prove financially viable, I’m happy to continue building in that niche.Since these homes and projects are significantly cheaper than my market, the risk is relatively lower for me and can do at least two at a time.The ChallengeOne of the biggest hurdles is finding reliable contractors and subcontractors in the area.

Curious, what’s been the biggest challenge for you in trying to BRRRR a 10-30 unit property?

My biggest concern is just having boots on the ground in case something goes wrong.   

I have five houses in Memphis area, and the biggest problem has been finding a good property management company. 

First off, the biggest issue was I had been planning to do most of it myself. 

One of the biggest lessons I’ve learned: if the sliding door is broken, call a sliding door specialist.

Heck, I was nervous on one of my most recent purchases because it was my biggest ever - and I've done over 100 transactions.Your current house is probable a Class A property - which is the easiest to manage.