And they were renting out for decent prices, not quite as much as I've seen in Cleveland, but pretty comparable.

We are comparing RE wholesale transaction to trading-in a vehicle to a dealer for a wholesale value. 

Overall I'd look into how many units you own (more is better), price of rental units compared to monthly payment you are paying (more is better), and values of each property you own and how much each property increases in value on an annual basis.

Thanks in advance.  90% LTV product cash out is for primary residence and has no monthly MI pricing is about 1-1.375% higher than conventional going pricing so there is a slight premium for it but it is 30 year fixed and available for those who need the money compared to other options available.You can always transfer to LLC later on once you've seasoned your payment history on the loan for 6+ months to be safe.

@Nam Pham  Assume likely an older property on a pier and beam foundation, as compared to a slab foundation?

What if the county (or city in my case) has a very low percentage for land compared to the total. 

Also, there is the issue of the legal ST rental regulations, which can be an advantage compared with the US or not. 

Since I am not familiar with Homeroom I cannot compare the two, but you should check them out!

If you are raising less than $1-$2M then putting a syndication together is going to be expensive compared to what you get out of it. for a few properties i would try and go the hard money route.

Quote from @V.G Jason: The excuses people make to invest at the most casual level is appalling.I'm not going to sit here and compare lives, but trust me folks with 20x the amount of stuff on their plate can go out there and invest properly in RE by doing their diligence.