They look great on paper but the reality is often quite different.

In these real estate deals you are dealing with 10s of thousands of dollars and when things go wrong on a thin budget is when you see dumpster fires and hear the cautionary tales.Most new investors concentrate solely on the down payment when in reality there's lots of costs: Closing costs, Holding Costs, Utilities Cost, you'll have to lay out money to the contractor for them to start the project, and there's taxes and insurance there's transfer tax title costs.More capital than you think is needed. 

but yes it does come down to that.. in tax cert states keep in mind many insurance companies or large corps or hedge funds will bid down the returns to 3 to 5% there by cleaning the clock of every private investor who thought they were going to win at auction.. so what happens in reality is people burn out doing DD and never getting anything . 

But their estimated ARV was around 250k so I knew I actually have more room in reality being closer to 300k.

But their estimated ARV was around 250k so I knew I actually have more room in reality being closer to 300k.

It's clear you're trying to balance being a compassionate landlord with the realities of managing a property.

I think the idea of seller financing sounds better than the reality is.

Most won't admit it, but the reality is no, not really.

I am sure boots on the ground, you have more sense of the reality than what these websites say so thank you for providing context.

They did find me a buyer for a couple of properties I was needing to sell, but that has been years ago.I do know most wholesalers in general are trying to wholesale properties when in reality, they are contracting properties for more than makes sense.