I truely believe that you shouldn't keeping waiting for the "right time to invest" the sooner you invest the sooner youll be able to reap the long term rewards.

Bought it for $300,000, it appraised for $375,000, and the gross rent is $2,625.My lender only lets me pull out 80% of the purchase price right now. $240,000.

Thanks in advance.Hey Cosmo,I do think there is a growing concern towards the reliability with section 8 with varying administrations right now.

I am happy to steer you in the right direction and give you some guidance if you need it.

My question is: when wholesaling, after finding a great deal, do you need real proof of funds to the get the property under contact or is there a way to get it under contract, find a buyer and complete a double closing/assign the right to sell without actually having the cash for the property? 

Someone’s making money right now but it’s not me.

What started off as primarily a second home with the possibility of short term leasing quickly flipped to a STR first and a second home when not rented because demand is so strong right now for STR's in this area. 

This one was in my neighborhood and the timing was right!

All the youth have left, maybe the elders are still there or they are deceased and the children don't want the property.

You came to the right place, Jason!