I followed a three-tiered system to determine the ARV:T1: Stay within one-miles radius, sold for fewer than six-months.T2: Size of the properties are within 200 sqft., must share certain attributes (bedrooms, bathroom, etc.).T3: Compare property typeI came to the result of above 200k and am looking for advice/comments from experienced investors on my decision.

Does the city require you to have a GC or is under a required size threshold?

You want to put out at least 25 signs and up to maybe 200 depending on the size of the area you are wholesaling in.

A lot of 2 bed/1 bath units will rent in the $1250-1550 range depending on the size, condition, amenities, parking, pet fees, etc.

Two of the homes are over 25yrs old, and offer the upside potential to renovate and increase rents to market once the current tenants move.Question to this community is, are there any recommendations for lenders in this deal size and in this area?

I intend to invest long-distance in small to medium size multifamily properties and hire property managers, not sure how often physical checks will be needed.Appreciate any feedback or other bank recommendations, also looking into NBKC and LendingClub.

Cape Coral is the better of those cities for MANY reasons - age, growth, jobs, size, etc.

Below are two charts that show the amount of unsold "improved" properties.

But, for property managers working on owner's behalf, there isn't a way to be able to modify chart of accounts both for property manager to track operational expenses and for owners to track mortgage payments, insurance payments, accumulated amortization, depreciation and improvements.

Hi Henry,I think it’s a great idea and it doesn’t seem like there are many out there in comparison to the size of San Antonio.