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.

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!

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

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.

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. 

I know this is an old post but did you even end up taking the course? 

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!

Without understanding what you want to accomplish, it can be difficult to determine the best course of action.  

The other thing is that there will be no financing contingency of course, so you can't get your emd back if the loan falls through because, well, there's not supposed to be a loan.I would just get a preapproval letter and offer that.