@Sarah Rhee - Sorry to hear about your troubles, but it sounds like you are in a good position networth and equity wise.

Less sexy coc returns but cashflow positive day 1.

I've been blessed to have networked with a lot of nurses, management, and recruiters with my position.

Yes, the sentiment toward wholesaling is not very positive--especially in an oversaturated wholesale market like Orlando.  

With Westmoreland County's reasonable property prices, you're well-positioned to start building your portfolio.Good luck! 

Certainly if you pay cash for your property and possibly if not likely if you use some source of financing mentioned above, you should be cash flow positive given the much lower costs in Mexico.

Account Closed  absolulty I would in no way advocate second position or gap funding in any way.. for those that do not have extensive real estate and construction experience.

This initial negative position can consume years of the small real cash flow (when using realistic expenses).   

But then on the positive side you've got the amortization of that loan, the tax benefit of depreciation and whatever appreciation there is.

But, for lending $10,000 for a few days they pay $15,000 back after the 2nd gator lender provides longer term lending in 2nd position to complete the transaction with “no money out of the student’s pocket”.