@Mike Grudzien Happy to help on an DSCR and we also help train brokers in this program so they can speak on & guide better on it, Great product to have.

It's a good reality check to be cautious and to do the proper due diligence, even with some early success.

If a person benefits from a product they sell it’s only natural if they promote what is perceived as a benefit even if the quoted benefits are not automatic or even a given. 

Can you email me with some investment products you were mentioning above?

I live in Lebanon, IL and this property is also in Saint Clair County in Belleville.I plan on managing this at first, but want to build a proper amount into my budget.What would you recommend for budgeting for in terms of good property management in this area?

It also will help you a lot to learn how to properly calculate ARV as your buyers will want to work with those wholesalers more than one who is just throwing properties at them.

Hopefully your one side will vacate properly and clean. 

I don't believe you would properly replace the debt in this situation.

And watch out with scents—unscented products keep everyone happy.

Typical cost for the setup would be in the $15,000 range which would include production of the Private Placement Memorandum, Subscription Agreement, and Operating Agreement, Investor Qualification Forms, as well as filing Form D with the SEC, and state “Blue Sky” filings in those states where your investors reside.