I know some courses that are tailored for aspiring wholesalers like you, providing real-world strategies, deal analysis, and direct support.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

To find a multi-family in Kansas City, start by networking with local wholesalers, real estate agents, and investors who understand the market.

, I wanted to highlight the four different ways you can make money in real estate:1.

Hey Dean,1st What would you do, so you wouldn't make the same mistake a third time?

I originally got into real estate as a wholesaler before getting my license.

I would suggest finishing school, working as a part time agent while you are at school, saving commissions for investing, and working with a team that focuses on investing as opposed to residential sales.There are also local meet ups every month. 

Does the time and effort behind designing, permitting, and building the ADU count towards the REP status?

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

You can also check meetup.com or search facebook for real estate investment groups, clubs, or meetings in your area.