He is an older gentle man and didn't want the capitol gains tax burden of selling a duplex he's owned for 30 yrs. 

so i have been doing this for a few yrs and have tried it all except the bagster. here's my opinion..- bagster - waste of time and money. it's like getting a small bag of chips. once you are done, you wish you had gotten a bigger bag of chips. reminds me of a show that they purchased 6-7 bagsters just to realize later than a dumpster would have been a 1/5th of the cost. what a waste of time and HUGE profit for WM.- dump trailer - great option if you do it often and the site has a ramp where you just back up and push a button. but the storage of that thing isn't always easy- you haul it in a truck or a van - been there, done it. cursed it every time. being cheap is never a good thing- using CL - i JUST picked a guy to do my next house interior demo. i had an ad and 10 people replied within 1 hr. i had to shut it down. they have their own tralers, so than charge me a little more than the trailer costs me AND do all the demo. fantastic option- rent a dumpster - love it. if i needed more, i call them or put a vehicle infront and they have to keep it there. sometimes extra days cost me $10 per day. well worth it. i get the 30 or 40 yardersthe problem with dumpsters is that i end up doing most of the work, and i should stop doing that.just my 2 cents

SeanWelcome over 30 yrs in Law Enforcement including a sworn deputy.Find 3 different local REIA club meeting go there to meet people other wholesalers rehabbers who will be your cash buyers.

Taking a GP position in a few yrs could be a good move.

If being in business for myself over the last 5 yrs has taught me anything its that I can't afford to learn this by the seat of my pants.

I spent over 20 yrs in real estate in Columbus, and currently reside about 45 mins east (where I grew up) in Zanesville. 

He can save $10k/yr for 3-5 yrs and end up with $30-50k down payment, but he will probably need a mortgage, which even if he gets a MF and rents out the other units, he will require some sort of income/ credit.

But what I did do was drive through the area and checked out the house from the outside, things that I notice was that they are building multiple new homes in the area from ground up and also there are tenants that have been there for 2 yrs.

A lot of our agent + broker clientele is ramping up on marketing, after not needing to do much of it the last 3-4 yrs.

Personally, I generally don't want to wait more than a year to get the bulk of my money back, and I would be disappointed if I still had any money in a property after 4 yrs of ownership.