@Nik Farooqui You are correct in that GC licensing is never a requirement but it is more of a "silent factor" that can make a lender more comfortable lending hard money and thus the approval and loan process easier.

When you set up your online foundation correctly, you become the obvious choice when they start searching for answers.This is how you rise above the noise and succeed in wholesaling.If you need a step-by-step blueprint on success wholesaling, just respond here and I will lay it all out for you.

Is your $2k per month on $600k equity correct?  

It does feel like there is likely a major market correction coming, but due to limited inventory of vacation-rentable units in Maui I feel like I should be somewhat more protected from the effects of said recession.

Aha yeah I dont really trust flippers to do the repairs correctly - Even with my own flip I was tempted to cheap out on it but you always pay for it in the end!

Is any of the above, correct?

@Sarah Brown That is not correct.

I'm assuming you're referring to residential (SF and MF) properties that are vacant, is that correct?

I would confirm the other four owners and would not buy there is they were all the same family, it will just be miserable most likely trying to deal with 4 against 1 (unless they all hate each other).Your second concern is valid and correct.

the market is unforgiving right now, and if you buy a random property by looking on Zillow and turn it over to people you don't know to manage, you'll lose money.with respect to your specific question, if the property is safe, clean, and priced correctly, it will rent. but that doesn't mean you'll make money on it.