Avoid falling for marketing schemes by various websites/lead sources.

I guess in the scheme of things if that’s the case of having no cash flow but not loosing money, there will be appreciation and a good chance of rentals increasing  like Point Breeze. 

I assume under this scheme the standard tax deductions such as depreciation, deductions etc. would still apply.To keep things simple, we can assume cash purchase (no mortgage necessary).

Real estate is a long term strategy for wealth building not a get rich quick scheme!

Or they pay for their followers and trick people into believing their BS product/Get Rich Quick schemes.

sounds like a "scheme" to work with people who were foreclosed upon to get them any overages in the sale, which either the courts or the trustee would provide anyways.

There are only two ways to legally "wholesale" in Florida:1. be licensed2. own the propertyUsing contracts as a scheme or device to circumvent licensing law and broker is illegal.

Additionally, those who charge the lower percentages, tend to charge more for placement fees.I have since added this pricing scheme based on purchase/assessed value to my modelling software and have been pleasantly surprised to find it actually cheaper than 10% of rental revenu on several of the properties we've evaluated.

I don't recommend that color scheme moving forward, pets or not.

@Iman Yu Congrats on your deal it sounds like that will be a cash flow machine for you. 30 days on market is great in the grand scheme of things.