‘Wholesaling” may not be as prevalent as it is today; may not be pushed by countless gurus; may not be in the same form as we know it.  

BRRRR is the hardest it's ever been right now and you and a friend want to form a partnership (high chance of disagreement in goals and processes) with no experience to do it out-of-state?

The renovation plan was executed and occupancy is in the 94-96% range; rents at or above the pro forma. 

I purchased an apartment building in 2018 and I had Fidelity send over their boiler plate seller financing form as a Word doc and I just edited it.

I would definitely make sure you are running a pro forma to make sure your numbers are what you need them to be. 

If you increase rents, if you go MUGS and put the utilities, if if if ifHaving owned and sold businesses and 1-2 properties, I have learned that I do not want to pay for POTENTIAL, but want to pay for what it ACTUALLY produces.Of course the seller will want the max, and the real estate agent will also want the max, so will push for the Pro-forma or potential income.....and base asking price off of this.I find that my numbers to evaluate properties almost never work with the asking price (based off potential), but almost always work with ACTUAL value.

This is where experience really pays off.These were just bad investments with overly optimistic pro formas.  

Within the retirement account form a series LLC and have each asset in a separate series.5.

Attach this form as the LAST page of the paper return.

I should have asked for pro formas vs. actuals.