Just to establish this is a business and you're following all state laws.

Hey @Marv Edelstein, as an agent you will need to begin building your identity as a trusted advisor in home sales and purchases.

Most of the established builders usually have no shortage of land to build on, which they have most likely purchased below market value.

Take the time to educate yourself, network with other investors, and consider seeking guidance from a financial advisor or real estate mentor to help you develop a plan that works for you.

Established PM's don't like to go into D areas: it's a lot more work and emotionally harder on their staff for the same percentage - but of a lower rent. 

Sure doesn't seem like it to me.I think you are creating tremendous risk for your sellers, who would be far better off facing foreclosure now, where they at least recover some of their equity, then risking an unknown buyer mismanaging their asset as part of a huge pool, creating the very real risk that they may still have to face foreclosure in the future, at or below the current asset value, and after they thought they had moved on from the deal.And, to answer your question about what should the little guy do... though, as we've already established, you are attempting to get 100 of these deals... it seems like you have the means to purchase three deals in a matter of months.

Being a financial advisor is not necessarily a bonus.

Job growth and economic development in the area, such as the establishment of new manufacturing centers, will further bolster housing demand​​.Mortgage Rates and AffordabilityMortgage rates, which have been at two-decade highs, are expected to stabilize and potentially decrease slightly due to anticipated federal rate cuts.

You could potentially talk with a financial advisor to help you understand how much risk would be appropriate for your personal financial situation. 

My goal is be to build a strong network of contacts and establish mutually beneficial relationships that contribute to my success in wholesaling.