As we work in Chicago, we structure our agreement around these concepts.

When you get an agreement with a contractor follow it, don't go against the contract...trust me the above are expensive lessons learned..you're benefitting from my pain.Hope this helps.

I am torn between pricing rent lower with a minimum 3 night stay or just weeding out the less desirable/more work clients with higher pricing.  

What types of organizations are you working with in your master lease agreement for your existing properties?

How is PM charging you if the agreement is over?

Fannie Mae will allow you to transfer the deed to an LLC if you decide to try to go the conventional route, but the loan would still be in your names and you'll need to pay a title company a second time post-closing to do this  for you. 3) I can't speak for the area so no comment there4) If you're self managing, make sure you find vendors you can trust in the area since you won't be able to easily verify if an HVAC guy, plumber, etc. is trying to rip you off and tell you to buy something you don't actually need. 5) Make sure you have clear alignment of goals and a clear operating agreement that spells out what to do if those goals start to not align in the future since you'll be jointly obligated to these properties. 

That would be the minimum entry fee I would think.

I'd recommend having enough to close on the deal + rehab + $5k in reserve as a minimum. 

Hi I’m new in the world of wholesaling and eager to learn more! I’m looking for local forums, groups and or networking opportunities in Washington D.C where I can connect with other investors or wholesaler professiona...

Any luck on motivating realtors in the area to actually get operating expenses/lease agreements for Jackson County specifically George?