Six months reserves should be more than sufficient to qualify and conservative to account for any (eventual) unforeseen circumstances. 

I am starting a new journey in the mobile home niche I eventually want to write my own notes (shout out to lonnie) but would like to gather cash and I feel the best step to this is to do wholesaling.

Be honest they'll figure out you are owner eventually, after all the information is public, best to start the relationship on solid ground.- Maintenance & Repairs: act quickly on any request, use the opportunity to upgrade, set expectations for the common areas.

I'm wondering if there's something I'm missing here.I'm trying to make sense of it- I guess if you held on to something like a brand new duplex, over time, especially after you move out after a year or so, you'd eventually cash flow positively due to increasing rents..

Eventually Carleton became his mentor and friend and helped him lay the ground work for where he is today.

That is a long story but the summary was keeping engaged with the tenant kept a bad situation from becoming worse,   and eventually convinced them to move out.I don't disagree with standing your ground and holding the tenant responsible for paying for damage they caused,   but good luck getting a lump sum payment from any tenant,  especially a section 8 one.   

We negotiated with the seller and eventually came to an agreement on a price and also worked into the deal that he was going to sell the property to me vacant.

I know those will go out eventually… but they’ll probably be out of style by then anyway 🙂

They say the stock market AVERAGES 10% for a reason... a crash and burn eventually shows up and your "this is easy peezy" becomes a panic as your portfolio crashes.

We are both in property management and aspire to 1031, exchange our way to owning small apartment complexes and eventually small hotels, like a Courtyard by Marriott or something on that level.