Their projected numbers were wildly inaccurate, particularly regarding property taxes.

It is entirely possible that a Sponsor can be approved, but an individual offering may not.This industry, like all real estate, has its ups and downs.

$1,500-$1,600 is about the going rate for a 2/2 in most average areas of BR, but I can see where some neighborhoods would get more.Another thing to think about - if the property is sitting vacant right now and you have ready and willing (and qualified) tenants, then the opportunity cost of waiting an extra month or two is $1,550/month.

My real estate friend who was the one who suggested to do this but im not sure what knowledge he has on rehabs.

While I do not have experience with lockoffs I do have experience with larger properties that have options to rent together or separate and the answer is: it depends.If it were a 2/1 with a 1/1 option I would use AirDNA to analyze a 2/1, 1/1, and a 3/2. 

I'd like to not "find out the hard way" if one of these sites are not a good match for me.The ones I'm considering are Propstream, Property Radar, ListSource, and PropwireSomething to note, I am looking to return to doing some wholesale deals, using criteria such as absentee owner, out of state owner, tax delinquent, vacant, liens, and pre-foreclosure..

C'mon now, let's be real.

We often advise people to house hack when getting started and you are a real success story!

Purchase price: $410,000 I bought this property during COVID-19 when everyone was running away from buying rental units.

I plan to buy a new property in May by putting 5% down and renting out my current home.