There's a reason slot of the houses are that cheap, there's not much growth there.

Because there is a slot for earnest money amount on my P&S agreement. 

B/C title company have recording slots .. only way they can do it early is to request a special and it has to be truly a special circumstance before the county will let them come in and record at time other than their daily allotted time.Now we would be fubared in Wayne county  ( Detroit) takes that inept county 2 to 4 months to record anything   LOL>..

@Guy Olds well I'm kind of a go after it kinda guy lol.... i heard slot of good about yellow letters but just wondering what people are doing here in socal... your a wholesaler right ??

@Chris Clothier  posted his stats  on their company.. maybe you can find that post.Majority own 4 or less ( mortgage slots) however many own more than that.One of my vendors in another market has one client that bought 60 plus homes from them.. although he is fully engagedlast time I was on a vendor trip and in their office this guy was there working with maintenance teams and PMs.. usually financing is the hold back to larger portfolios.

DEFINITELY not ready for anything larger than 4 units yet.I assumed commercial since there are several posts about using up ‘slots’ for personal mortgages- of which there are 7-10 apparently (?)

The leasing agent is taking 3 weeks to qualify a candidate - so I’d probably have to wait another month to fill this slot (or change leasing agents).

The minimum you should have in this slot is $150.  

I have found a 16 space RV park with 20 mobile home slots, a live in 3br/2ba home, 10 bedroom hotel w/ laundry facility and last but not least it comes with 20 canoe and kayaks for guest rental.  

Total return through principal paydown, tax savings and cash flow were about 182%.My real estate strategy is clear:Acquire real estate properties that cash flow on 10 and 15 yr mortgages (I already have all my 30 yr slots taken)Acquire real estate in good areas (accomplished with this Collierville property)Acquire real estate to save on Federal TaxesUse 30 yr mortgages to support shorter term mortgages with lower cash flowOnce 10 yr mortgages get paid off, start paying off the oldest 15 yr mortgagesKeep acquiring properties to save on taxes as deprecation schedule is being accelerated At some point, with enough paid for homes, start paying myselfThat is why the 182% return is so important.