Also, since I am using a property manager, I will not deal with the tenants directly, so they likely won't even know that I exist.  

I am used to knowing every detail of what I am doing, and thought real estate would be easy to get into.  

The story is amusing and if you can find this couple, they might give you some advice.

It is often hard to find a short term rental, especially less than 6months, so they will end up paying more regardless of where they find.I personally would not take a short term tenant, and I am used to yearly turn over in my rentals.

I'm glad that amused you.

Perfect weather, every type of entertainment and amusement in the world, cultural events, beautiful beaches, world class universities and medical care, etc.

this deal is in the metro detroit area.Bill that is a hirrible cap for this area.Just so you can get an idea I am used to paying 25k a unit where literally zero improvements need to be made and is rent ready.

I created my first website that i am using as my brand, Sell Not Remodel.

The bank I am using now will do a cash out refi at 80% no matter what the underling lien is.

This wholesale side is new to me but through my resources I can get deals done as long as I am using the right calculations which is why I want to get the basics down before I pull the trigger.