I’m new to the world of real estate wholesaling, and I’m eager to connect with experienced investors and learn as much as I can.I’m based in the Virgin Islands but have my sights set on wholesaling in Orlando, FL, where I see a lot of potential.

Each tenant living in a building has their own unique rent amount, so even if they do not leave a notation with the rent payment, I know whom paid the rent based on the amount alone.

Good post with a few good ideas, thanks.A note about San Antonio, is that it historically has a big turnover in homes due to the military bases in the area.

Be sure to consult with your CPA to determine if you can utilize these deductions based on your specific tax situation.

Sounds like you need an agent and/or contractor based on your strategy. 

This will give you a clear idea of what the house might be missing, and or need and gives you time to make those changes/additions before your first group.Another tip: I think it is natural for bigger properties to have more vacancies during the week/slow season.

I read some articles stating that it appraise 100times of rent sometimes appraiser appraised it based on income generated by that unit. is that true statement?

An appraiser likely won't be able to value a 1-4 unit property based off STR rents (whether projected or actually incurred), and if they are, the lender won't lend off said valuation for their applicable value (value they're lending off of). 

Hi BiggerPockets community,We are a married couple based in the California Bay Area, both working as software engineers with a combined income of close to a Million USD.

Given the nature of small towns, we have personal relationships with multiple members of the board which we believe positions us well for success but of course there is still uncertainty.