Also any tips for automating this as much as possible and how to protect the property financially and property management would be appreciated.I ALMOST understand the rental arbitrage strategy if building a company scaling with say 30 + units and looking for high short term cash flow.  

A good rule of thumb is to have at least $5 to $10K in reserves per unit to cover these situations and avoid financial strain.Thank you for the reply and help!

Class D is mostly rentals (another tip to look at owner occupied stats and/or if the neighborhood is identified for revitalization), the tenants are outside smoking, they are talking to neighbors and solicitors, it is a completely different vibe that is pretty noticeable just driving through.

One more tip – people remember stories that trigger their emotions.

Hi, still new to the forums, please pardon any oddities in my post. I've tried to include relative information, without writing a novel. I'm a newer investor looking to get some cashflow. My strategy for the foreseeab...

Thank you for the reply I will do that

Selfishly, being able to respond fast, mitigates damage to the property (frozen pipes, mold!)

Investors like me are left sifting through overpriced junk instead of finding real opportunities.Pro Tip: The average wholesale contract is for a 30 day "inspection", while the wholesaler looks for a buyer.

I realize I don't have the actual NOI, but that price sounds super high for the gross income you're stating in your narrative.

It's wise to stick your toe in the water first and fail fast in a small way if you're going to fail, right Vanessa?