My first thought was an extensive TI package that was effectively financed into the rent.   

Through our extensive network, the Old Hickory Blvd property became available, and we acted quickly.

But very unlikely with W2 income and a full time job.But this is an awesome concept as you could basically collect rental income for several years and never be taxed on it due to passive loss carryforwards if those build up. 

.- Tech-Driven Operations – Using property management software for things like rent collection, maintenance requests, and communication has made everything smoother and saved a ton of time.- Curb Appeal & Upkeep – First impressions matter!

They will just collect the overbid. 

In other words a seriously capitalized entraprenour with an extensive background in construction. 

Make sure you understand what needs to be done and enter into a written change order with the contractor before he does the work.If you agree to a fixed price quote based based on a detailed scope of work, you should not care how the contractor makes his profit.On smaller light rehab. my partner who has a full time job and extensive general contracting experience runs the job and he splits the profits.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

In wholesaling, the wholesaler collects a spread from the assignment, but when you are licensed that real estate income has to go through the brokerage you work with.