@Isadore Nelsonhappy to help - some of the expenses you're missing would be property management, capex, repairs, and vacancy / turnover.so for example - $1000 in rent - you might have $100-150 in property management, $50-100 in repairs, $50-150 in vacancy and placement costs, and capex would be whatever is coming due soon. a furnace, a dishwasher, whatever.it also generally costs half a month to a full month's rent to place a tenant. 

I helped with half the downpayment.

I like the pontoon boat rental idea as an add-on service for your STR - on decent-sized lakes, pontoon boat rentals can easily bring in $200-250 for a half day rental or $400-500 for a full day rental, so you could make a tidy little profit off of this kind of add-on amenity. 

I lived in the front half while my subcrews where finishing up other areas.

I have owned a SFR in Jackson for about a year and a half and have been trying to understand the market.          

My priority is always always rehab/live  for primary in Bay Area because that’s the easiest way of making money with much less risk  ….if you have three primary in Bay Area would be enough for decades.for me I would not buy Sacramento/Fresno when I can buy 3-4 in Bay Area.

Hey Josh,Me and my partner have been wholesaling virtually for almost half a decade, so the answer is yes: You can absolutely do wholesaling remotely. 

Actually, you typically have more headaches with lower-rent tenants.So why would you not want to manage half the units for the same revenue?

Over the past year and a half, I invested in fuor rental investment properties with the mortgage rates of 6.3-6.8 for each of the property over 30 years.

In the past, our tenants would live in a unit for about a year and a half then move out, not now.