I've read the numerous posts and blogs about this but still can't come to a conclusion if it would be viable option or not.

I should have come to the conclusion that you are dealing with a toothless hilljack.

So in conclusion,,if doing this make GOOD neighborhood friends and help them out,,,scoop and mow for them if elderly.!

In fact, even putting the theory to work in real life may not give conclusive evidence whether it works or not, because the conditions are rarely perfect to test a comprehensive economic model.As an example, you could argue that during the Bill Clinton years, we had the opposite of supply-side economic policy, and our economy was booming.

:)I agree that this is classic decision-making under uncertainty and each of us will come to a different conclusion about it.

Let me try to give a real world experience that may provide some conclusion as to whether or not owning more properties provides greater protection.I’m going to use a duplex that I purchased in city of South Minneapolis back in 2014, that I self manage.I purchased the duplex for 180k with a fixed 5.25% for 30 years with 25% DP and 3% closing costs.Let me point out some of the specifics of the duplex.The windows, furnaces, water heaters and HVAC were brand new as of 2012.I have put 5k into unit #2 for renovations and 3k into painting the house due to a violation of lead order by the City of Minneapolis.So keeping those upcoming expenses in mind for the near future, suppose two investors have 50k to spend which is to be used for closing costs, DP and realtor commissions.Since I paid for closing costs with cash, I’m not going to roll them into the loan for this example.

Combine both their knowledge to come to a final conclusion.

I can certainly provide more information as to how I came to these conclusions, but just looking for some rough ideas right now.FINANCING: After talking with a mentor of mine (owns over 100 units in my city), he suggested I consider seeking financing from the seller.

After reading BP, I have come to the conclusion that, while that is possible occasionally, profit margins are substantially less.

I find your drive admirable, and I´m sure that you will reach your goals, but can I ask: why have you found it more interesting to focus on wholesaling, rather than acting an as a licensed agent (correct me if I´ve come to the wrong conclusion)?