Anything you do remote will come at a cost of operational inefficiencies and a higher cost of doing business.

Alabama is very business friendly and there isn’t nearly as much competition there as some markets.

For a company new into the servicing business, they are off to a very bad start.

They do not take into consideration the revenue from the STR business as part of the selling price.So if comps say the duplex is worth 500k, then it is worth 500k.

Just know that it is a "no days off" kind of business and very mechanical.I would suggest documenting your process via video so that eventually you can bring people on to replace the different hats you will be wearing.Keep in mind of these 5 components of any wholesale business.lead generation, deal sourcing, underwriting, marketing, transaction coordination.

It’s entertaining to them sure but it solves nothing as there’s always 2 sides to the story the customer and the business.

Income from leveraged real estate or active business income.

They'll be your best friend & business partner in making sure the property performs and gets the attention it needs to keep tenants in place for years to come. 

If the use of the funds are for business purposes, like investing in real-estate, you will have an easier chance of qualifying for a loan documentation and income wise.

There is a press release from them in nearly 18 months ago talking about how they had $1bn in agreements... https://fox5sandiego.com/business/press-releases/ein-presswi...In my 17 years in real estate, I have never heard of any group that had that much money committed without taking even the first step of closing on the land.