Matt, I like that equation.

FHA requires the property to qualify through what is called the Self Sufficiency equation, and it doesn't seem mentioned often how difficult that can be.  

I personally have, and continue to thrive off of repeat investors but I am always looking to grow my network of relationships.So for all of my wholesalers and investors out there~Legitimate Wholesalers- have any of you experienced this dilemma and what has your solution been to establish legitimacy in a time where our profession is being too loosely equated to the "get rich quick" mentality rather thanInvestors-What are some of the pain points that you have run into with wholesalers?

Honestly, I equate it to having a child: you’re never ready, but you will be when it happens.

Hard  work is part of the equation.  

Hi, when im trying to figure a cap rate do I include the closing cost into the purchase price on that not taking into the equation ? 

If you are thinking that I was equating Wendy's to coaching...nope, Wendy's is the opposite of coaching in my example. 

Are you talking Cap Rate or some other equation? 

If i use 50% of rent as the expense number  i come up with about 6k/mo cash flow   This equates roughly with the initial buy price    Will the area suport an almost doubling of the rent to get to a 1.7m valuation? 

I am struggling how to analyze that into the equation..