The successful wholesalers are the ones that are direct with the seller and have done an analysis on the deal to show it can be a successful investment (always double check with your own)totally agree, I would add the don't act sketchy and present their available homes in a consistent/professional manner to buyers. 

If you sell the property, a lot of the $107K cost will be eaten up in transaction cost.

Congrats on turning that boutique motel into a success!

@Cosmo DePintoYou've received several responses and pieces of advice, but no one has directly answered your question (until now):-Has anyone had an any recent success using BRRRR in Huntsville? 

The IRS views this as a related-party transaction, and deductions like rent paid to yourself wouldn’t qualify.

This helped our CPA know exactly what transactions related to the house.

And nobody is telling a lie in the transaction. 

I met someone who was successful and he laughed at my 5 attempts and said, he called 300 owners before his first "YES".     

It's not hard to understand the disqualified party rules and prohibited transactions. 

I'm going to start writing weekly logs of my journey as a landlord - successes and mistakes.