Remember that pigs get fed and hogs get slaughtered.Whether it is a wholesale deal, finders fee, JV deal with a partner, etc., find a way to make money on this one and don't lose a good deal bc you're chasing a home run...whatever it ends up looking like, you found a great deal.

One of the complaints from the Feds in the lawsuit I am involved in is that the culprit was living luxuriously beyond the means of his earning.

If you go forward, make sure they handle all maintenance & repairs on the property too because these organizations typically have in-house staff..Snaking toilets, repairs, grass cut, snow removal, paint...Make sure you're covered with insurance as well. 

But I would say “Consider your timing.”Real estate is expensive right now, and money  is expensive right now (APR wise).The fed is expected to start cutting rates later this year.  

(an objective fact) By comparing yields across different investment vehicles, for many investors real estate is no longer worth: the capital, the work, the risk.You can be bullish in real estate today by saying: I believe the Fed will not increase the supply of new builds to the market over the next decade.

My dad broke up the concrete in just a few locations so water could seep through and drain into the soil, then filled the pool with the cheapest stone and clean soil locally available, then planted grass.

The “grass is greener” psychology is strong on BP and the irony can be rich at times.

The chickens have not come home to roost for debt, and the Fed will not pivot prior to the election due to appearance of market interference and fear of having to pull back post-election.

Mentioned % rates for mortgages may not come despite any fed adjustments. 

The 5% easy money in the HYSA will begin to drop later this year when the Fed starts cutting rates.