This gives me access to a large network of skilled contractors, including plumbers, HVAC specialists, electricians, and general contractors.I’ve identified a promising opportunity with an auction property, but I’m unsure how to accurately estimate rehab costs with only a small window to do so.

If you can establish a solid network (even virtually at first), and maybe leverage your savings to buy a property with rehab in mind, the reward could be the path you're looking for to make those five-year goals a reality.Of course, the risks are there, but if you're comfortable and see the upside, it could be worth leaning into.If you need more insight into BRRRR execution or anything specific about market selection and building a remote team, feel free to ask.Hope that helps!

That is true for maybe 1 percent or less of the wholesalers who try it.When you are new and you ask for a wholesale mentor online, you are going to get every pitch, course, guru sell that there is.

The MTR operator would be responsible for 1st and last month's rent, security deposit, pet deposit, possibly a move-out, setting up all of the utilities like a traditional long-term tenant, arranging for lawn and snow care, and (of course) furnishing and decorating the unit.

Of course, you also have limited liquidity and control.I am a full time passive investor, so I am clearly biased - but passive investing might at least be worth a look. 

In exchange for a reasonable discount of course. 

Of course they will give you a loan but not 100% financing

The idea is to chat about local market trends, share insights, discuss what’s working (and what’s not), and, of course, enjoy a drink together!

It's really great for learning the fundamentals even if you aren't investing out-of-state, and of course extra relevant if you are. 

One of the reasons I asked the question is that it seems strange to me that a property management wouldn’t take anything upfront if they inherited a house that wasn’t ready for rent .Our property management also does the cleaning ( deep clean over 4 days was $1000 but they had to deal with some nasty pet hair , fleas etc)and that included some cover up paint etc .One lesson learned here is every contract with owner : property management varied greatly it seems from what is needed .But moving forward - I feel that $500 a month on a $2100 a month property is too high once it’s rented - unless endless problems persist of course ..thanks for your insight!