Then you have to think about 401(k) and IRA savings, which longer-term once your balance is built up, you can use a self-directed approach whereby you can use the funds tax-free to invest in rentals, private loans, etc... 

Hopefully you at least built some good industry relationships while going through this exercise.  

Exterior PaintThe home has a concrete foundation wall that extends about 3 feet up before the siding starts.

Starting a rental property already gives you a good foundation.

We also were able to take over the property with 20% of equity built into the deal, and it is newly renovated.

I recognize that the CoC return is not as high as we'd like, but it does come with some built in equity (~$100,000)Details:- 3/2 Single family house (1487 sq ft) with a 1/1 ADU out back- Zipcode 78745- Purchase price: $469,900- Down payment: $50,000 plus CC (includes assignment fee)- Seller Finance $419,900 at 3.5% interest; 30 year amortization with a 15 year balloon- PITI $2744.02- Rental comps: $2667 for the 3/2; $1505 for the 1/1 - LTR according to BP (Total $4172)- Repairs needed - minimal, coat of paint and maybe swapping a window unit A/C for a mini split

It doesn’t have as many pre-built search filters as PropStream, but it’s excellent for quickly adding and managing leads on the go.Invelo and Property Radar are good for more niche searches like probate, inheritance, and deceased properties, especially if you’re trying to dive deep into public records.I’d suggest trying out a couple of free trials to see which interface and data best fits your specific strategy.

🙂The most important thing in wholesale real estate is to stay sharp on your lead and deal acquisition, as these are the main "products" you're selling.Investing in strong outbound and inbound strategies to find off-market properties and their sellers is the foundation for success.Good luck!

Invest from a strong foundation.2.

This market is literally built for STR and yes, there are thousands of units and yes, it is very competative.