thats for all the replies, yeah ive decided to hold off as my monthly mortgage would be around 5k, which is unheard of.

If you could purchase a 20 unit building and your expenses are less than 30-40% then thats an advantage to you, but what if you buy the property and the expenses exceed your prediction of 15%(which is just about unheard of) then where's the benefit to you.

This type of a deal is unheard of in todays market in Utah.

those margins are unheard of for the mortal man / builder developer. experience matters at ton.. 

If you don't understand it, hire a lawyer.2) No. 5k is not an unheard of deposit for a wholesale deal.

More infrequent, but not an unheard of, some sellers inflate rents prior to sale.

You can ask for it and it’s not unheard of but if you’re in a competitive bidding situation then an extended due diligence period will hurt your chances of winning the deal.

Would it be unheard of for a 21 year old to have a high credit rating?

Mainly because it is not unheard of for a potential seller to show up at the address listed in hopes of talking to you face-to-face.

I agree with the others about HML's, it is almost unheard of to find lenders willing to lend 100%, especially to someone they do not have a pre-existing relationship and track record with.