Cashflow on a spreadsheet vs. cashflow in real life are very different things, too. 

The range is broad due to the differences in median home prices across these locations i.e.

Just know that it is a "no days off" kind of business and very mechanical.I would suggest documenting your process via video so that eventually you can bring people on to replace the different hats you will be wearing.Keep in mind of these 5 components of any wholesale business.lead generation, deal sourcing, underwriting, marketing, transaction coordination.

I think I went through 3 different people that were over my account because they would quit.

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

If it's just slapped in the backyard, i'd imagine it may not make a big difference but if you create an environment around it, it could be different.   

I wasted too much time trying to piece it all together and when you're in different states it's all the more challenging to make sure everything is legit.

Each Prop mgr will be different but yes, mine would handle all of those things that you would need.

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

this is the distinct different between being an actual lender like a bank .. and an investor in a fund.. two very separate transactions.. when you lend and receive collateral on the asset you get paid when it pays off or the borrower refinances etc.