Either way he could do really well with $3-4M to play with.

Guess we’ll wait and see how it plays out.

They do have a 7-Day free trial if you want to play around with it. 

Does this strategy seem too intense for a first shot in the rental world?

So will have to get a loan and be creative with the seller's carry to make it work then bump rents and I should get around a 2.6 DSCR but yes I could play with it a million ways.

But when their quote for larger projects is unreasonably high, we drive down and work on things we know are labor-cost-intensive through management while waiting for contractor estimate appointments.

Now, don't get me wrong Minneapolis has other stupidity going on right now that in my book makes it dumb to play in right now.

Let’s play a game of true or false.  

They are 100% appreciation plays, that’s where the wealth is.

If they are, then the lender is playing middleman between you, Title, and the actual investor/wholesale lender who is underwriting the loan.