I've done this in numerous common areas (hallways/stairwells/etc) for the updating of lighting & for fire alarm devices.

I think you have to look deeper into this. because its talked about so much on social media and a site like BP and there is this mind set that wholesaling is the way to get cash then take said cash and buy and hold. ( you see that verbatim in numerous posts).. literally there are thousands of one trick pony's  I am not sure what the minimum run is for the mailing services but I would imagine 250 to 500 bucks and your in the game...

Overall, I've been involved in numerous partnerships.

Hi Emilie,Welcome to BP.I'm fairly new to BP as well, and have found this forum to be an absolute treasure chest of information, with lots of resources and willing folks to help out when you ask a question.There seems to be representation from all levels of expertise and in numerous states too.

If he is an agent and not the broker they will split that, lets give him a pretty good split of 80% so he would end up with $2.4KInstead he puts in under contract for $96K and assigns it to another investor for $100K.So in this case:1) Buyer gets the same house at the same price.2) Seller ends up with $96K instead of $94K so they have a net gain of $2K.3) He gets $4K instead of $2.4K so a $1,600 net gain to him.There are also the more intangible benefits of selling to a investor cash buyer which make it a faster and simpler transaction by avoiding the innumerable delays and hassles involved with retail buyers and banks.It is not hard to come up with a totally plausible scenario where all parties end up as good or better going the wholesale route instead of the listing one.

You would have to hire a property manager to look after them all, and it is difficult to fine ONE good property manager, let alone numerous PMs in numerous cities.Do you know where you want to end up after the Navy?

I a a tax lien investor and I work with other investors in numerous ways.

I’ll have you know I graduated top of my class in the Navy Seals, and I’ve been involved in numerous secret raids on Al-Quaeda, and I have over 300 confirmed kills.

So either a) I've been unwittingly involved in numerous acts of tax fraud, or b) your CPA is mistaken or in miscommunication. 

My second question and the one i would like the most detailed (i appreciate it in advance) is if u can statr in numerical order what is needed to start buying your first rental property.