I'd only add to get a professional inspection done with a very thorough team.

I went through it anyway bc she had a good footprint online, I liked the designs, and a couple of ppl at another STR group recommended her (not an excuse, I was super busy and thought I was dealing with a professional).

Most professionals beyone me on BP most likely have seen this side.

There are several hurdles during the process:Find the deal - Unless you are marketing or plugged into a community where there are opportunities, it isn't always easy to find the right dealsEvaluate the deal - Without professional guidance and research tools, it is difficult for a newbie investor to evaluate and ARV/FMV or create an adequate rehab budgetSecondary exit strategies - If things don't go as planned are their other opportunities to exit profitably.

Not gonna give address's here because not trying to market them here, just pointing out reality that when your a 24-7 professional "hunter", you tend to know where the deer are all but on demand. 

my RE income from my rentals is semi-passive of course... so less active than W2 but more active than dividends or social security.I just dont really see owning rentals as passive to me its active if your going to stay right on top of them and have them perform like you want them to ( this is specfic to owning C class low B class sFRs  Not those who might own 100 unit apartments with professional management those are passive as long as they are working good. . 

So, I am not a "professional wholesaler". 

He is a realtor that I previously purchased a small portfolio from and therefore had a good professional relationship.

Readers should seek professional advice.

Most people selling properties are not professional investors.