In this particular situation the rents were guaranteed by a local organization that placed the ex-convicts so that was a nice setup.  

Wholesaling is NOT investing.Wholesaling is a business.Wholesaling requires you to continuelly get new leads, sell contracts to buyers, repeat.Once you stop getting leads or finding buyers, there is no more money coming in.Sure, you can get food and automate certain things but it is a business.In my opinion, you should look at what you do in your profession and see if you can moonlight some hours to make more money that will go towards the downpayment.Best of luck

He knows tons of investors in our area and organizes meet ups and stuff!

In other words, the run on organic appreciate might be at an end, but there is still forced appreciation to be had.Keep in mind the WHY of high home prices... 

Buildium is a nice middle ground and can bring a lot of organization if you don't have a robust bookkeeping system.

Especially if you can provide information on the syndication he's trying to organize, this could have regional/national implications.

It is one of the best examples of City Council and local registered community organizations huddling together to create restrictions intended to thwart development but here they are doing it in a manner which will leave new housing stock in the dust relative to other neighborhoods thanks to terrible design restrictions.

I appreciate the food for thought.

They can be super helpful and a lot of them are aimed at beginners.Volunteer Your Time: Organizations like Habitat for Humanity are awesome for getting hands-on experience.

Despite current unemployment rates maintaining below 5%, the recent rise from 3.8% to 4.2%(recently revised to 4.1%) is significant, especially when considering wage growth adjusted for inflation.Over the last few years, the median household income has dropped by 7.2% when adjusted for inflation (and this isn't even considering volatile food and energy prices), a troubling trend given that inflation has outstripped income growth.