Trying to help "Insert protected class" for any reason is just a recipe for disaster.

I am going to “scale” this business so that I own 1/2 of (insert midwestern or southern town).

There are several ways to get this done but it is more labour intensive and the payoff is you get your equity without having to put the money in yourself20% down and rent straight away - this ties up your capital but it's quicker and simpler than rehabbing and you'll find deals more easily - you can still aim for good deals or you can turnkey but you won't be as restricted as you would if you need to BRRRR but the downside is you won't have as much protection against losses as you would if you had BRRRR'd the equity into the dealThen you would drill down to think about the actual numbers you need within your time-frame to be able to achieve your income goals - for example I need 1-3 units a year @ $x per month cashflow for 5 years to get $X per month Given that I have $150K and I plan to (insert financing strategy)I would need to buy 3 units a year at $X purchase price.Then you can decide on your three market areas.

@James WiseIn none of those cities you mentioned is there an explosion of growth, development and insertion of capital taking place like there is in Detroit as of late.

I find it odd that you feel the need to insert yourself and run to your friend's defense.  

We are already inserting it in the Maryland and DC contracts.

There are definitely bad wholesalers, just like there are bad agents, bad landlords, bad (insert any job).

@Craig Parsons sorry decided not to read it all.Realtors suck, just like the average ____ (insert any profession) sucks.It sounds more like you are nervous than any realtors issue.

We love your building on (insert street name).

I want to insert comments on a few of the above statements. 1.