I did one a few months ago and I’m pretty sure it was under $1,000, $7-800?

if you just buy standard, long term rentals and put them under professional property management, that is certainly viable. 

Part of the issue is that a lot of these wholesalers will immediately market or list a property they don't yet own for like 50% more than what they have it under contract for.

Oh bud, I think it would do that we’re gonna need lender’s consent as well and that’s what I’m trying to prevent, but maybe they do it under them handle that part and then after the fact transfer it. 

Typically I do not spend a penny until I get it under agreement (inspection etc).

Still gathering additional details, but looking to have it under contract within the month.

I recommend working with a Mortgager Broker we have options that allow you to close under and LLC, NO FICO, No Income etc. 

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Many newcomers spend their first few years working under a sponsoring broker, and during that period, the broker often earns a significant portion of the revenue.

I think there’s some sort of option of to do a little refi on both house 1 and 2 and get the money needed to wipe out the line of credit(allowing for bigger flip opportunities, especially if I partner up with someone) and also renovating that garage space with the private investor as long as it is under 1000/month.