@Dennis GallagherAs for the 50% Rule (where your expenses equal about 50% of your revenue) - I might argue that the flaw in the theory is you will walk away from many great wealth building opportunities just because it doesn’t meet the formula.

I would chose a good market in the midwest that meets your criteria for cashflow and appreciation with $100k barrier of entry.

Also, I would suggest going to DIG (Diversified Investors Group) as well as DPI (Delco Property Investors) as they are two local REIA groups where you can meet other wholesalers and investors.

Where are the places that I can meet someone who I can potentially work with?

Also it meets the 50% rule. 30 year mortgage at 7% is a payment of approx 323. 925 rent - 462 (operating expenses)= 462; 462 - 323 (debt service)= 139 cashflow.

Last one sent without my comments. is this pulling automatically from the PM system and other software sources so that it is up to date in real-time?

There are three safe harbors that businesses may use to meet the test.Half of the amount the business spent on services were for services performed in a QOZ.Necessary business functions and necessary tangible property was located in a QOZ.Half of the hours of service received by the business were performed in a QOZ.A business does not need to meet all three safe harbors to qualify.

@Annie Schrock thanks for the comment, definitely having the right contractor, always meeting your deadlines and doing full due diligence can make or break a deal! 

Marina, I should also mention that you can meet our staff at the MidAtlantic Summit and as a fund investor you'll be invited to tour our office at our pre-Summit open house event.

They put everything in context when you meet others looking to do the same thing or who did it for the first time last year.