Yes, costs of goods go up but people actually have the $ for that because wages are going up.

She used a lot of private lenders and wasn't a high income earner.  

If someone crosses the border the odds of them working a low wage job and living in D and C class housing is very high. 

If they pay a tenant portion, I verify employment, hours, and wage, or if it's benefits, be sure you have documentation.

(Note: These are non-negotiable requirements that must be provided) MBE/WBE/Prevailing Wage: All projects that seek City assistance are required to have a certain percentage of Total Project Costs (TPC) that are being performed by certified Minority Business Enterprises (MBE) 26% and Women Business Enterprises (WBE) 6%, as well as have labor costs that pay prevailing wage as defined by the State of Illinois.

We employ local people with livable wages, pay hotel occupancy taxes, drive tourism dollars to an area that needs a little help, and I could go on about for our rural properties. 

Our Class B-B+ are solid earners and require almost no attention.

Rather than go into a long narrative, I’ll just state the facts 1. 99% of all people who try “wholesaling” never make even minimum wage from their efforts2.

I tell them if I evict them, I will attempt to garnish future wages for any monies owed including the cost of the eviction and that good eviction lawyers are not cheap.  

It seems crazy to pay income tax and interest on my wages,  but having myself do the construction is still cheaper than hiring another contractor.