This 1 bed 1 bath condo is rented out 162 nights a year and covers all the costs of running the unit and debt services.

Purchase price: $720,000 Cash invested: $60,000 Househack/BRRRRR.Taking advantage of low 5% down Owner occupied conventional loan, then fixing up the units 1 or 2 at a time, raising the rents, and then refinancing to lower the monthly payment and increase cashflow. 1 full gut unit and others were more cosmetic turnovers.

I joined AAPL many years ago and it has been invaluable to me.

He called and asked us to just liquidate the portfolio of loans and pay him and the other investors.  

I am brand new to wholesale and would like to know what you did to motivate your first prospect to trust you with the whosale strategy and process.

And, I am talking about LOT of investors for tens of millions. 

Some people may go higher end, but naturally it depends on the property and neighborhood.

Quote from @Tina Lee: I bought an old condo, and had my handyman and his guys went to do some work at house.

I bit the bullet and got the sewage lines replaced/fixed.

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.