When the transaction closes, the purchase is funded, and we set aside additional funds in an escrow account to pay predetermined professionals to make any required or desired repairs or upgrades to a property AFTER the buyers settle on the purchase transaction.

Speaking from past experiences vetting the real estate professionals that you chose is paramount.

During his speech I researched his background and found out that he's a professional speaker hired by agencies to give presentations, and has no ties to RE.

For me, real estate was a means to an end...so that I could spend all my professional time doing what I love: helping people and renovating properties.  

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Note: Our initial goals are to wholesale to build immediate working capital (targeting $150k) and hold for cash-flow to build 10k/mo FCF (free cash-flow).We have made some cash buyer connections, identified and underwritten potential deals on hundreds of current deals, and developed professional relationships in our target community (cleaning, construction, governmental). 

Readers should seek professional advice.

Readers should seek professional advice.

You can find plenty of markets where nobody builds and you won't get competition but you won't get bookings either because there's no demand.It has been proven that, with short term rentals, it's the really professional hosts that make the bulk of the money (think the 80 - 20) rule.

Most of our MTR properties are located in Indianapolis, and the majority of our tenants are traveling healthcare professionals.