I can envision that the numbers on these luxury homes would lead to to a long lag time...but hopefully I'm wrong. 

My Edreco, I want to stay optimistic, but after 20 years in the business, I see a few concerns with your strategy—especially buying condos.

Based on your current assumptions, you would be paying $1,229 per month out of pocket, leading to negative cash flow.If you’re house hacking and living in the property, it might still make sense because you're paying for housing anyway.

Slip and falls are a leading liability concern a property owner should be aware of and snow removal is not something to cheap out on. 

I kind of like the idea of wholesaling out of state leads, however, with subj to i would be VERY careful who you sell those to. 

Our property management company is 4 years old and nearly every lead we get is from referrals.

If the house has a septic system, especially if it's an older one, it's worth the investment to have a septic inspection done.This concern is particularly relevant for those planning to buy and hold the property rather than simply fix and sell it.

You have a valid concern.

I am just a beginner wholesaler so I haven't done much marketing/lead management yet.

Would a low enough sales price make all of my concerns go away?