The last two hours were with the legal team at MR and they confirmed there can be no other up front charges beyond the one month’s rent cap.

To be brutally honest i don't care if it's at cost, below or above, I only care what it is exactly and how much. 

But truly wholesaling is a hard business and takes a lot of up front cash to get going before you get deal flow. 

And then also do you typically repay each partner their upfront costs from the profits before then distributing profits?

There's no reason to provide details, though I do let people know if anyone asks that we do not accept bulk up-front rent payments or anything like that because I absolutely do not want a prospective tenant to think that someone else swooped in with a bunch of cash last minute.

This is the percentage of costs (purchase and rehab) covered by the loan.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

When you took in the increased cost of the build how did you arrive at that percentage?

Bonus points if they’re used to working with investors or can help keep costs in check while maintaining quality.Cheers,Kevin I would say this about BRRRRR, especially as a newer investor. 

The lender does charge the flipper 4 points upfront, and the note represents 55% of the property’s ARV, so I’m not too worried about needing to foreclose if it comes to that.The lender uses his own capital for initial funding and then sells off the notes after that.