That's half the equation.

I haven't actually used any cash in the down payment loan side of the equation.  

.$264 can equate to a bunch of downpayments on properties depending on the area you choose, which it sounds like MN is the state you're choosing to invest in.I know there's a few turn key guys out there to try as an option!

I'm also noticing that when I factor taxes into the equation, it makes much more financial sense to buy-fix-rent-hold for as long as the underlying asset (the home) continues to appreciate in price at a rate that is at least commensurate with inflation, prior to divestiture.  

This book goes into just about every real estate financial equation you may come across and is great for a new investor.

By teaming up with me, they are able to carry around 12 properties each, and move them through the various stages of repair and flip.Since I finance 100% of the purchase and repair price for them, they essentially have zero money vested in the inventory, which equates to an infinite rate of return on their labor-only investment.  

You sell your wholesale deals for as much as possible and that is simple a math equation.

I have done it before for a basketball goal, a boat, and a 1970 chevy nova :)    <--100% of those got a response that equated to a free basketball goal, a cheap boat, and nova!!!

I know the differ greatly on the distributions side of the equation.

Mark,I think all its all dependent on what and where you want your involvement to be within the equation.