If you can get it closer to $480k, that should allow you to pull all of your capital out at refi--a classic BRRRR.

This is a classic look that should never be totally "out".

Bringing buyers and sellers together to make a cut is the classic definition of brokering.

Thanks y’all Except for the classics - Think and Grow Rich, Richest Man in Babylon, Rich Dad / Poor Dad, and the like - most books are out of date by the time they get into print.Before you go get your first deal without getting educated first, listen to some BP podcasts and listen the hosts talk about how much money they lost on their first deals thru not knowing better.

So you believe that a new wholesaler, without much experience or background to wow potential sellers, is going to make as effective use of their time using one of the other strategies in wealthy neighborhoods rather than going the classic doorknocking/bandit sign/cold calling distressed lists in bad neighborhoods route?

This is a true statement... which is what I mentioned to the OP, invest in renos that justifies rent increases or lower operating expenses or both (ie. the classic "value add" play).Cheers...

I'm guessing it will be snapped up by some savvy investor from CA or AZ.Try posting it as a business opportunity, an investment opportunity, an -inlaw unit, we call them "Casitas" in this neck of the woods, classic car storage, garage band space and on and on.

Do people in that neighborhood prefer modern finishes, is this this a historic community that prefers older more classic finishes, etc?

@Nicholas Heinrich my initial thought would be to repurpose cottage and make it into a garage which could then be rented by your tenants.

If there is a classic unit you can get into great.