For example, we need proof of renters insurance and proof they put electricity in their name.So, it seems odd that you are accepted but they keep wanting more information. 

I now have a full team with property management and contractors in place. 

The limit on scaling is your deal flow (mine never was that good) and time it takes to perform the value add (I got fairly quick for example, my last rehab did all new plumbing, electrical, and flooring.  

I’m the type who does lots of research but my job was to find the house, get it inspected, and have a contractor come in & give estimates.

Constuction : Any contractor would again, give you $1k to $5k for a ready to start project. 

Having the contractor relationship in place to move quickly and provide a high quality renovation at a reasonable price.

Sha we expressed to you the reason we wouldn’t let you have your contractor go out because these are wholesale deals and we are only allowed 1 walkthrough per our contract with the seller.

I am considering purchasing empty lots priced roughly $10-15K below market value.My plan is to offer owner financing for the land.These lots have water, drainage, and electric connections available, and mobile homes are permitted.The area is experiencing significant development, with the lots surrounded by new single-family homes.I would really appreciate any advice, feedback, or suggestions.Thank you

Your contractor -2.

✅ Pros: Lower costs, better cash flow, diversification, scalability⚠ Cons: Harder management, reliance on local teams, financing challengesTips:Visit the market first and build a trusted team (agent, PM, contractor).Choose landlord-friendly states with strong rental demand.Consider a low-maintenance property for your first deal.If staying local, you gain hands-on experience, but out-of-state investing can work with proper due diligence.2.