But good chance you could stay in the conventional lane because you can use sched E income after one year.  

It ensures a smooth selling process with less chance of the buyers backing out and having to go back on the market again.

@Yixiong Pan if you have no renovation experience, there's a high chance you will get eaten alive by contractors!

This looks like a strong deal - what do you estimate will be the ARV?

That's why wholesalers shop their deals around, much higher chance of finding a buyer who wants exactly what you have.

Nothing should be an "estimate."

I pushed back on this and requested a re-appraisal - I submitted comps showing what other less desirable condos in my area have recently sold for - but the appraiser is sticking to his estimate (of course he's not going to admit he made a mistake).

- **Get repair estimates**: Even if you don’t have cash now, it’s good to know what you're looking at cost-wise for critical fixes.

It doesnt have info on tenant status but if that is offered on other platforms it seems like a great option to have.You'll need to cold call and follow up (mailers, calls, visits) with 1,000s of leads for the next year or so before getting a significant # of chances/appointments to convert the leads.

You can use the website affordablehousing.com to see the estimated rent for that type of property and location, but it is just a rough estimate.