My thing is I started wholesaling about 7 months ago and I got off to a great start, but unfortunately out of the 5 contracts I had locked in both (A-B and B-C) they all feel through and with RE being my passion it really put a dagger though my heart.

Competing with small mom and pop investors with 30 and 100 Billion (with a B) dollars, it wasn't real possible to compete for the same houses, because they would accept much lower returns.

I'm not sure whether BC before AB would be allowed or if you could ask for a large "EMD" to pay your part from the buyer.

Especially since you are in a B neighborhood people are going to expect nicer neighbors so you will keep having turnover if you let him stay.

That's basically what I'm asking, I'm trying to learn the areas, so I came up with those A, B and C designations based on my discussions with the local investors I've met.  

We live in Grande Prairie AB which is very reliant on oil and the market has taken a big nose dive in the last year. 

@Kumar Paj - I have a couple of rentals in A/B class areas and my current goal is to find multi-units/apartments in areas with low tenant turnover.

It seems to be a function of type of neighborhood (A,B,C or D), CapEx schedule, macro trends, and other things I do not yet know! 

Being an IT System Administrator, systematic research, analysis, and planning with Plan A, B, and C are up my alley.

Acquisition 37K  and rehab cost 55K. Total cost 92K. 4.5 months rehabPlease help me decide on Exit strategy. Should I :a) Sell for 132K. Netting 20K after closing costs and capital gain taxesb) Owner finance (Contract...