This gets them thinking about your eventual move and the stress they might face in finding a new tenant.After some time has passed, you could share that you’ve started looking at other homes, but the options in your price range don’t compare to the property you’re living in.

We can't risk a client sending an unlicensed or non-qualified contractor into the property as we share liability for that.  

Thank you all for sharing your experiences!

I’m wondering if you can share with me the wholesalers email to get on their list.

Thanks for sharing!

Never fully trust anyone that isn't willing to share the negative aspects of all this.As I'm sure you've experienced, this can be a very rewarding path to take and depending on your grit and determination, overcoming all the pitfalls are well worth the effort.Cheers and drive safe!

If you ever want to chat about what’s working here or just compare notes, I’m happy to share what I’ve learned.Here to connect,Jorge

Based on the information that you shared, if you haven’t already done so, I recommend connecting with a local expert.

I'll do something that appears to be taboo on BiggerPockets, I'll share my rates and fees.Today, we were quoting interest rates between 10% and 12% for (1) a first-time flipper - 0 flips, (2) with a credit score in the 740's, and (3) putting only 10% down with us financing 90% of the purchase price and 100% of the rehab.

For example, if I purchase a site entitled to 100 dwelling units under a newly formed holding company and the only thing linking me to it is a shared PO box mailing address on the holding entity, the lender gets alerted.