These studies typically if done by 3rd party would cost $10-$20k but you could also do it on your own.

Yes, if anything its easier since no residential restrictions. savvy participants.Harder because you have to know how to present a property, typically have to spend on chase costs prior to assigning.

Quote from @Jake Hughes: How long do your renovations typically take when hiring a gc?

Additionally, as long as you put 20% down, it typically keeps you safe in terms of cash flow, and then you simply have a couple dozen houses with tenants paying off your mortgages.

@Jerry ZhangWhat is typical in your market?

The folks cheerleading that it’s easy or typically the folks that haven’t done much of it themselves.. hopefully that’s a little clearer. just need to do robust SEO  or so thats what I have heard.. all our deals come from Networking .. 

Wholesalers typically do NOT disclose to sellers that they will only close IF they can flip the contract for a greater price - hence the seller thinks they are the end buyer and that they have a “legitimate” buyer on the line2.

Typically you end up putting in a new meter socket, new panels and the new service. 

It is very daunting as we are quickly realizing how much we don't know!

: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.