Not sure if it's because you started with my name but this response makes me feel more safe to share more details.Its an interesting multifamily that was repositioned to be rented out by bedroom with the majority of the rents being paid by nonprofits. 

There are a lot of things that will affect the profit on each deal.HOW QUICKLY CAN I MAKE MONEY WHOLESALING?

As there is a general flight to affordability, the new developments don't fill as quickly, and rely on concessions and/or lower asking rents to fill up.  

It all adds up quick.

Other KPIs and considerations you should evaluate when talking to any lender who offered private placement of loans/notes are historic default rate, how quickly they can place your funds (do you get preference over their income funds, for example), average interest rate - borrower note rate and what is passed through to you, are loans serviced by a 3rd party servicer or in house.

Evernest said they had to pull a permit from the city, have the stove inspected to make sure it was safe for the repairman then they could look at it.

If they are professional, they can explain this quickly and easily.

I agree with @Isadore Nelson, there will be an initial sting due to to the IRA transaction but with quick math at 8% your 60k will generate about 4.8k in year one, in 4 months at 1.3k you've already eclipsed that, their will also be a larger tax for passive income and an initial penalty from the IRS, but it won't erode the 8 month difference let alone the yearly compounding effect.

Add in the social media gurus and I think expectations for RE investing can get skewed very quickly. 

A prudent investor doesn't seek quick riches through shortcuts.