And  there are other factors at play... like taxes, comfort with leverage, your 'lifestyle', along with a substantial number of other variables inherent in investing that impact our decisions.... all topics covered on countless other threads in BP Nation. 

Also, does Capital expense come into play if you are still working an FT job and able to save a substantial amount each month?

Hey great decision in taking the leap in wholesaling.

Prices have run up substantially, making it harder and harder to find the few good deals around.

@Ellie Narie , If you do not provide substantial service for AIRBNB, you are not subject to SE taxes. 

Having to "come out of pocket" at all makes it typical to justify it as a  good investment.It looks like the only way to make this work would mean you would have to lower the price down substantially. 

This property has increased in value substantially with the small rehab and great appreciation.

(Doesn't mean they are bad people)Its not my thing,   but that much would buy you a pretty substantial portfolio in other parts of the country.  

This will give you time to plan for a more substantial repair at that point.

We have some out of state investors ready to jump in with substantial financial backing into the partnership.