@Sarah Rhee - Sorry to hear about your troubles, but it sounds like you are in a good position networth and equity wise.

Less sexy coc returns but cashflow positive day 1.

I've been blessed to have networked with a lot of nurses, management, and recruiters with my position.

Yes, the sentiment toward wholesaling is not very positive--especially in an oversaturated wholesale market like Orlando.  

I don’t know why we didn’t get that vital piece of info in our initial meeting.So my wife and I are extremely relieved .She says she will stay on as a courtesy and if things come up it will just be an “ hourly “ rate for emergency type situations or basic boots on the ground necessities.We really like her enthusiasm and positivity and she is great at communicating and seems  sincerely empathetic to our situation.

With Westmoreland County's reasonable property prices, you're well-positioned to start building your portfolio.Good luck! 

But then on the positive side you've got the amortization of that loan, the tax benefit of depreciation and whatever appreciation there is.

Account Closed  absolulty I would in no way advocate second position or gap funding in any way.. for those that do not have extensive real estate and construction experience.

But, for lending $10,000 for a few days they pay $15,000 back after the 2nd gator lender provides longer term lending in 2nd position to complete the transaction with “no money out of the student’s pocket”.

This initial negative position can consume years of the small real cash flow (when using realistic expenses).