Is the number of licenses limited or restricted?

@Christian Rodriguez  Typically there aren't any restrictions on how you want to use your cash once the Heloc has closed. 

Quote from @Jerryll Noorden: Quote from @Jon LaBorde: I’m a few days away from starting my first marketing campaign and I was wondering if anyone could tell me how many leads I need in order to get a wholesale deal, my first month I’m starting with SMS and cold calling and I’d like to reach about 10,000 people and I’m nervous that I should be trying to reach more.

.#3...don't buy investment properties in an HOA (and that is almost all new homes) because they will likely have rental restrictions, they very well may not sell to investors, and if they don't have rental restrictions, they can change the HOA rules and implement restrictions.#4 Closing costs look super high, but they may be quoting you some kind of rate by down.#5...Hopefully your vacancy isn't 8-10%, but always tough to tell. 

Amenities are a bit tougher with condos because they may restrict a lot of things. 

Ensure they're providing you with daily or weekly EOD reports with the campaign stats.

Some areas have restrictions on mobile homes or rentals.Utilities: Ensure the land is equipped with essential utilities like water, sewer, and electricity.

With conventional financing becoming more restrictive, real estate investors may turn to hard money loans for acquisitions and rehab projects.

The owners reached out to me from a direct mail campaign.

First I would make sure where you are building allows STRs with no or few restrictions.