It's similar to discovering the perfect ice cream flavor that appeals to everyone's taste buds.Continuously motivating and engaging the team is an ongoing process.

I'm in my early 40's have zero experience(just some self-education) and I see RE investing a decent hedge on inflation and a way to put my money to work for me.I plan on using a mentor/coach to help cut the learning curve.

Why should Jim S have the priveledge of doing business as usual and not be compelled to adjust and change as everyone else must?

Get on all the popular facebook and networking groups, Columbus Dealmakers, Cream, Foundations.

Paint: I use the same colors everywhere: All Behr Marquee: Ceilings = basic 001 flat white - Baseboard, crown and trim = Swiss coffee, satin or eggshell - Walls = common areas a light cream (coconut), bedrooms a medium brown  (caramel)4.)

=======Locate the septic feild(s)(s)(s).Have a scientific drinkability test on the tap water for any contaminates.Beware of big (and small) spiders in the basement.9 x 9 tiles are probably asbestos, same for the glue used to hold them down.Wiring and electrical panels may be at end of service life.Florescent lighting may be circa 1960 (I dream of Jeannie) lacking modern non-buzzing startups and be way to many for modern use (electrical hogs).Don't drink any of the water (or even get it splashed on you) without having it tested first.The building may have city water and well combination.Find all abandoned septic fields.Find out if the fire suppression equipment is up to spec with the local fire dept--inspections, types.Without a roof and with many broken out windows insurance may be hard to find.Paint--expect lead (the pealing type) of paint.Assume anything with capacitors-(HVAC, Florescent troffers, Kitchen electric motors, food service garbage disposals, etc.. )-the capacitors are bad--do not turn on until checked by a competent technician.Look for a basement.Look for fallout shelter(s)(s)(s) underground separate from the building (Duck and Cover Turtle era).Look for steam heat system and have it inspected for possible use or demolition.Look for abandoned wells, that may have dried up or were too contaminated to continue use.A phase 1 enviro would have been a good CYA move--you can bet any buyer from you will get one...Pay to have a written professional inspection done of the building to get a consolidated look at the things you will be facing.

As I have transitioned into wholesaling I have come to realize that it isn't all peaches and cream, and is actually very hard.

Tell me about it Mike... its nuts lately.I have many qualified borrowers Im working with that have a hard time right now.I've been adjusting pre-approval letters on each offer with RE agents to submit and still no acceptance.The sellers just have a lot of choices to pick the cream of the crop.The good thing about the market is it allows sellers to unload (as an investor) their properties at a top tier price.For the buyer/borrower it sucks since its frustrating offer after another.As a banker its frustrating because sometimes we enter escrow then we fall out because of entering escrow at a price too high to appraise for and then we're back to offer after offer to try to get back into escrow.With each challenge there is opportunity though.

But for me, it separates the cream from the crop...

If the numbers are truly close, there are always a few ways to shave some dollars off your DTI.