And a pro forma vs. end of year actuals are very, very different.

I question if they get kick backs or actually hold ownership in this company.

So, you didn't actually close with them?

Reason given is to file claim with Renters insurance.

I joined for 2 main reasons: 1.

House hacking is a farce for many reasons, also. 

How many Due on Sale clauses have you actually seen enforced?

I don't see any reason why you would go to Miami, where the above problems are likely very similar, but there is even less cash flow to de-risk most investments, and it is not your backyard. 

and that was owner occ.. todays rates are pretty normal actually. what you can do if you want though is find a really good HML and let them place a loan for you making 10 to 12% while your wait for things to change to a situation that you feel you want to move forward be more net return than buying a rental thats for sure. of course no tax bene's but there really is not that much tax benefit on one rental.. so just some alternatives. 

In the unlikely event that you are the exception that proves the rule, the rare 18 year old who can actually generate a serious income by wholesaling real estate, your day to day will look like the following: - You will door knock, cold call, send mailers, and otherwise create lists of people who are in the most desperate moments of their lives.