Consider transaction costs as well as losing the principle residence exclusion.

Its more transactional than a traditional sale so you want to find out who the decision maker is and negotiate with them.

Seasoning is the time period between from closing of the last transaction to the closing of the new transaction. 

So some ballpark numbers if everything remain the same, ($400ishx12)x10) would be $50Kish + the downpayment I see I got some positive numbers and after they are paid in full is when I believe the cash flow will be in better shape.I am planning to have all properties for long time, so I am planning (fingers crossed) to keep my primary income (job) in order to keep buying more properties.Once again, many thanks for all your comments.

I have the chain of emails between them and the contractor pretty much saying that they saw the cable but rather then calling they called after digging through the cable.

Must have tools: you need some type of evaluation metric and/or tool that you are comfortable with and are willing to walk about from a deal if it doesn't meet your requirements.also, a deal is a term for a transaction, not to be confused with a "good deal".

Very Simple @Jaren Taylor.You need an SEC attorney that specializes in Syndicates  and more than likely a transaction attorney to set these up for you. 

., are ONLY transaction based.A PMC has to deal with your property, tenants & maintenance EVERY DAY until you sell or terminate them.A great PMC can provide contractors and also check out properties for you. 

When starting out in wholesaling real estate, it's important to use agreements that protect all parties involved while ensuring a smooth transaction process.

Just about every time I have been privy to the details of a transaction where one of the parties is unrepresented and the other is, the unrepresented party gets the short end of the stick.