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.

I'd determine if you're N, S, E or W of Orlando and start looking in that quadrant.  

My tenants in the 3/1 have been mostly young professionals and/or young couples without kids (or an infant that doesn't really use a bathroom per se) ... so, they are still stable and pay rent on time but the 2nd bathroom doesn't seem to be as much as an issue for them as you may think or assume ... all markets are different, but this has been my experience after discovering this by accident.

After more than a year of religiously reading BP and checking up on recent posts more times a day than your typical social networker checks Twitter or Facebook, I have found the time to introduce myself.My name is Ray, I am 26 years old and I live and operate in SE WI.

Only pay 1/2 of the SE taxes.