Stockton has been mentioned but there are some high crime areas.  

He simply wants to be 100% done.Given the above mentioned scenario, I am wondering what the best possible situation would be to make this happen, while possibly still maintaining the option to pull out equity for capital improvement projects with a bank. 

We also need to get more than 50% of the units rented so the cash flow is better and we can afford a PM, if that’s the route we go.One thought would be to be classified as an employee of the different property LLC’s while we accomplish the goals mentioned above, in addition to managing day to day things.

The few lenders that we spoke with are having a hard time finding a DSCR loan as mentioned by many of you in the discussion. 

Originally posted by @Katie Valladao:i want to schedule a call with them for the $150 fee to get the roadmap, but what is the $10,000 price tag mentioned above for?

They also require less time compared to owning a rental outright.The reasons that I don't like REIT's as you mentioned in your post is that they are not efficient from a tax standpoint.From my understanding, REITS pay ordinary dividends and not qualified dividends.

Had me going, I thought you were gonna mention John Wayne Gacy!!

Failure by the Buyer to so notify the Seller and/or Seller’s Broker in writing, within the calendar days, shall constitute an election by the Buyer to proceed with the transaction.As @Nathan Gesner mentioned, an estoppel agreement is a great thing to get but I have rarely been able to convince a seller to get that from their tenants during a purchase and you could put yourself at a disadvantage when bidding on properties by requiring the seller to get this

Like I’ve mentioned countless times here on the BiggerPockets forums, wholesaling is all about sales and marketing.

But just as Kerry mentioned, HELOC should be used as a short term loan due to variable interest rates.