Cleveland and Dayton can be great markets for high cash flow and low purchase prices, but you need to be careful when navigating the neighborhoods so you're not buying in a D/F class area where no property managers will manage and where you'll never see any positive cash flow.

One year after I used that property to pull a HELOC and this year used that money to purchase an off market 4 family property in Clinton for well under market value, which I just recently finished all of the repairs and upgrades on.

Purchase price: $270,000 Cash invested: $54,000 A multi-family upper/lower duplex in Ankeny found off-market during COVID.

Purchase price: $125,000 Cash invested: $65,000 Sale price: $250,000 Wish I could have held onto it but needed the money to fund future deals What made you interested in investing in this type of deal?

Notice, I am NOT stating that the transaction needs to disclosed to the lender; just that a lender should not be given false information.  

Purchase price: $240,000 Cash invested: $60,000 I purchased this duplex in distressed condition using owner financing for $240K and secured a $60K hard money loan for renovations.

@Dwight HenningRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Quote from @Jon LaBorde: @Jerryll Noorden ok that sounds good, but currently I’m just trying to get my foot in the door, so I’m not expecting to become a millionaire from this plan and by no means am I expecting this to work as my only marketing route in the business for more than a time or two, but I’d just like to get started in wholesaling and with this information I think it gave me everything I need l and I’m thinking I’m gonna give this plan a shot but I’ll definitely be looking to expand and adapt as I grow as a wholesaler.

I’ve included the text screenshots for your information.

Give them all the details, contact information, time lines, relationships, etc.