This niche will provide monthly cashflow and sustainability. 

That’s right, MONEY, the lack of which is what people cite as the reason they’re entering wholesaling.But the reality is that the ONLY way to create a DEAL FLOW sufficient to sustain a profitable, worthwhile business is to judiciously spent money on a consistent basis on various marketing and advertising activities.First and foremost is a website, optimized to take advantage of SEO for local, and or long tail keywords.

So, boom days of the 80's or late 90's cannot really repeat themsleves.Today, I believe that the growth in the Spanish market will be more gradual and sustained, which hopefully in the long run, won't lead to another property depression as we've seen in the last 7 years. 

Now only time will tell if they can sustain it though.Best of luck as you start looking to invest in Wilmington!

I'm not fully convinced my heat tape is going to solve the problem when the temperatures drop again - we left a faucet running at a pretty steady trickle (which is not a sustainable solution) since we last thawed the line (5-6 hours with a heat gun) and added the heat tape.

As rent went from $18/ft to $12/ft and vacancies came about, they could not sustain.

This type of product would best apply to large properties in my opinion (100+ units), because they have the revenue to sustain these types of expenditures.

It can be very lucrative if you want to chase the money but at my age I will settle for sustained rental income.

But yes we are done with this unit as my lenders all they care about is their monthly payments and this unit has not generated even signal $$ yet after new tenant and we are burning reserves to just sustain. and as discussed on various calls the only last option is to cash out when the unit is empty so we can target first time home buyers in that area.

Yes, 5+ units mean you will be getting a commercial LOAN, but until your deal becomes self-sustaining it doesn't measure according to CAP rates.