Sounds interesting.Yeah, $25K can be a down payment - or 25% of a fine for doing something wrong, or 1/8th of your losses from doing the wrong deal whatever the reason.Education doesn't cost - lack of education costs, in my opinion.

Welcome to BP Windy, thanks for having a finance background, good financial advice is hard to come by on BP.

100% occupied and not triple net, go over the leases AND guarantys with a fine tooth comb.

however I know I am in the Vast minority.. if the wholesaler takes the risk and buys the property and really owns it that's another story.. but just to take assignment fee's to me means they are stealing from the seller who probably has their lifesavings wrapped up in the deal.. so there is a fine line. 

I do not offer a final walk through, but if they request such I tell them I will be happy to do it but I cannot guarantee a final accounting until after the turnover is done.In this situation, I would have done a thorough inspection for damage (with pics) before the cleaning crew went through. 

I was just looking for anything else like that, again knowing that they are only “rules” and nothing to base a final decision on.

Any time they are caught smoking in the unit, hit them with a fine.

Always schedule a final walkthrough several days (I do 7 days) before closing!

I know improvements can always be debated and is a fine line but I like the idea of less work and same rent :)  

Being able to find a way to pay for college will help you find a way to pay for your first deal.Also, if you have any interest in going into commercial real estate instead of residential, you will need a college degree.I was a finance major, real estate minor.