He doesn't even know why his attorney structured it in that manner.

But they know they need adequate reserves to sustain them if/when there is a lawsuit or eviction to cover lost rent, repairs, etc.

BUT, RE cap rates are remain compressed despite being in arguably a major recession, I worry about their sustainability long term especially when the interest rate environment changes. 

Also getting those top of market rents usually requires a relatively recently renovated property with a new tenant in place and having a PM who will make sure to put in the allowable requests for rent increases in a timely manner.

A 30-35% ROI over 4 months sounds appealing, but it's important to make sure it's realistic and sustainable based on the rental’s performance.

Pace is the first and only person that has broken down the different ways to get into real estate in a simplistic manner.

A spreadsheet has its place in your daily operations and tracking efforts, but I highly recommend starting with a software like QuickBooks Online to track your expenses in a more formalized manner.

Thats not sustainable and not scalable. 

Alert the guests when we know there is a possibility of a storm and recommend they bring enough food and drink to sustain them for a few days.  

Yes - I believe that odds are better at making an NFL roster than sustained modest six-figure success in wholesaling.Most of this industry is filled with broke no income no job, no assets types who paid a large educational fee to one of the ~5-20 major gurus in the space and will never make meaningful income.