(this is really for the new folks out there)  Now we have to get over (what I call) 'the 4 hurdles of retail' buyers in order to seal and close the deal:1) Attorney Review - the stage where the 2 attorneys hammer out the legal details of the purchase and sale.  

I'm local in the Las Vegas area and have developed a network of new wholesalers that we have helped get over the hurdles of getting started in real estate investing.

In my case states did not play much hurdle but HOA did.

That will be your biggest hurdle by far.

A seller selling instead here is a 5 cap and when leased up a 7 cap doesn't fly unless the area is just A++ incredible and very strong rent growth is occurring.It's all situational really and up to each investor on what they will accept.If you are syndicating value add then generally you have hurdles for investors such a 4% pref year 1, 6% year 2, 8% year 3 but their equity growth is the bonus for value.

For us, the biggest hurdle to get past is health insurance.

We feel that it's unreasonable of the old tenants to ask for reimbursement from us and the new tenants.

Like in SFR or small multifamily is it unreasonable to not provide appliances?

This is going to be the biggest hurdle that I have to overcome with this place.

Now I don't have to do that since I found out about VA IRRRL.Although that's a obstacle when I get to that point because current hurdle is finding a lender that would approve me a decent loan.