Originally posted by :    @Marco Santarelli  I see this going right back to what got the industry into trouble last go around owners with little or no cash into deals.. especially lower end tough to manage properties.. just because they can get low down they Better Have substantial reserves. this model created a lot of failures from owners ...

I have excellent role-models in my own family of first-generation immigrants who have invested in RE decades ago and now enjoy total financial freedom before retirement.

Doesn't sound like it will be a particularly hard model to copy, and when the word gets out you could find 10 houses on the same block under cutting your prices by 50% or more. 

A common rule of thumb is to budget around 1-2% of the property's value annually for maintenance.Management Fees: If you plan to hire a property manager or use a property management service, factor in their fees as part of your operating costs.Contingency Fund: Always include a contingency fund in your budget to account for unexpected expenses or fluctuations in operating costs.Financial Modeling Tools: Consider using financial modeling tools or spreadsheets designed for real estate investment analysis.

But as a business model not such a great venture.

And guess what, it's the agent model.

This will depend on the lender and their model (whether they're selling or holding this loan). 

@Ruth Bayang  slight difference is they will also put up 80% of the money for you as long as you roll into a HML with them.. they make a TON on these deals.. they make the bid fee.. they make a hard money loan then they list back.I was close to starting the same model in pdx but the 08 GFC derailed me.. its a brilliant model they have an UBER profitable...

Part of my business model has been not just profit but an enjoyment for the work.

In San Antonio, I hired reps for this type of thing and the model they told me their previous wholesale company paid was as follows:Acquisition rep responsible for finding their own deal, contracting it for the company, getting it to closing gets 30% of the fee generated by the wholesale.