Many investors have achieved excellent returns here, making Richmond a great place to build capital for future investments.

@James E.Hi James,I'm not a wholesaler... just an investor who has dealt with wholesale deals.My broad perspective is that wholesaling is a marketing job - where the wholesaler (on the surface) is trying to help a seller, but ultimately is trying to do that in a way that ends up costing the seller more money than it should have, had the seller taken more traditional means to achieve that sale.  

There is a time factor that needs to be accounted for as well.In my opinion - you will need to be able to reasonable achieve 2-3x the rents vs. the alternative for room rentals to be worth the squeeze.I'd check to see what other folks are renting individual rooms out for to see if it makes sense diving into.

The deal cash flows or has a clear defined path to achieve solid cash flow4.

The deal highlighted the strength of our partnership with Amonte and our commitment to achieving outstanding results through strategic investments.

I highly recommend start connecting with others in your area, gain value relationships, and learn more about investing first hand.

So, is there anyone on here with first hand experience in navigating the process?

@Kevin DuongTo achieve financial freedom in real estate, consider house hacking, DSCR loans, partnerships, and seller financing.

Check on Zillow to see what other long-term rentals are going for in the same area - if the monthly rent you could get would be worth it for you to achieve your longer-term investment goals, then it might be an option worth considering. 

Investing in real estate has great opportunities for building wealth and achieving financial independence.Like any investment, it comes with its own set of challenges and risks.