I think it depends on 1) what kind of profit/loss you’d make if you sold it and 2) whether fixing repairs and replace the siding would increase the next tenant’s rentI hope that helps some!

One of the key takeaways in a person's wholesaling journey is finding the right people who are serious and want to connect with you to create profitable and wholesaling success.I connected with someone on the east coast and they want me to work with them as their virtual admin finding buyers and sellers for them.

Cape Coral has 425 Homes that closed in September alone and homes only sit on the market for 62 days on average.My advice was to use the land to build a home to increase the potential profit and speed up the sale time.  

I know it is profitable,

So in essence unless your going to fight (and pay) for a fair return against a fascist Oakland rent administrators - your profits will slowly decrease.

. - Is Big Bear Lake still a profitable Airbnb market in 2024?

I would tithe on my increase, which would be profit whether you take it home or leave it in the business.

Typically yes, they want to know how much you will be spending and if you are making a profit..

Or buy a fixer upper and work on renovating (valuable learning experience if damage not too extensive) during college years then sell and keep up to $250,000 tax free profit as your primary residence allows.

Nonetheless, the only way for him to get anywhere near the profit he's looking for is through seller financing and since he owns it outright that's a solid option.