Each person would pay $600 a month or even consider padsplit.

It is also useful for remote investors after they have chosen a market to invest in.

I learned this the hard way personally and had to get mine repaired.

The manager or registered agent needs to be identified first and then that person needs to be skip traced.

The primary residence unit does not qualify, so the purchase price must be allocated between investment and personal use.

I talk to person after person in local RIEAs.

Quote from @Ana Mills: The high quotes for the electricians will be way cheaper than having your handyman do it and it causing damage, causing a fire, or even worse causing a fire later when someone is living there and that person/persons getting hurt because of the work being done by an unlicensed worker doing the work. 

Personally I would not go above 70% and when your done building mode drop down to roughly 50%.

Your value is, to provide sellers that don't want to list, with a way to get cash for their house and provide buyers with discounted off-market properties they can buy to make a profit on.I am not saying it is not possible to wholesale from the MLS, but it seriously defeats the purpose.Focus on becoming the person/company that offers the most and best value and you will succeed.

It is what I personally do and I help clients do.