Bob, do you work with investors or invest yourself in SE?

@Paul Choate, Excluding only rental income: You will still be subject to SE tax until you hit the limit for Social Security.

There are a lot of fellow members in SE Wisconsin.

I'm fairly decent on the pro se side so I have no problem running the eviction paper work myself, so that's what I would do.

Jon Holdman and others, I think you are over thinking my original "challenge" ...I'm not looking for "data" or success "rates" per se...but given that there are 100,000 BP members, and at least some of them have found success wholesaling as newbies, and many of them are daily (if not hourly posters, LOL) I wanted to see how many of those newbies have a success story.

Most small multi will not really be turn key per se.. your best bet for those USUALLY is to find a nice commercial broker who specializes in that asset class.. there are some TK providers who do 2 to 4 units in the Chicagoland area as their specialty.

The primary objective of this particular system is not the acquisition of the real estate, per se, but to become the record title owner in order to apply for the surplus, referred to as excess proceeds in the post tax sale world.I would not deprive BP members the privilege of investing $1,000 of their own money in order to learn, implement and perfect their own system, however here are the basics:1.

Vibe is SE Michigan only, while I think Key Bank is statewide. 

-depending on sale price, cap rate will be in the 8.8%-9.3% range. tenant paying under FMV; my agent thinks this could draw rent to equal 10-11% cap rate in 2024. probably gonna be in the $3.50-3.85/sq ft range.CONS:- the location is not a bad neighborhood per se, but it is a solidly industrial neighborhood of Columbus, Ohio.

I don't feel 100% comfortable trying to give advice per se, but if I feel I can contribute an answer of worth I'll likely cite someone more experienced or intelligent than myself.