A better credit score will save you a grip of money.Better score equals better rates and better opportunities. 3.

In our next downturn, many people like you (who 'figured out' Self-Directed accounts at Bigger Pockets) will also come to grips with their inexperience. 

What wholesalers need to come to grips with is they should set up money to actually close on the deals  and factor that into their costs then resell.. this assures you success.. other wise you get this situation and all this bad juju going around.. you have the seller pissed because you lied to them ( or they think you did) and the buyer he is happy he got it for 4k cheaper and could care less about the wholesaler and the wholesaler is out time and what ever money they spent on marketing.. when this wholesaler could have set up transactional funding for a modest fee.. done it the right way and off you go.Allthough I understand many wholesalers cannot come into title because of excess baggage in their names.. but they could set up an LLC to do this.

there is probably 100k pre-tax here if everything goes smoothly. it sounds like you have a good grip on what you're doing. pretty large rehab for a first-timer, but gotta start somewhere, right. nail that rehab budget down and go from there. you will, most likely, still have to baby-sit the GC, so make it a priority to follow the SoW completion on the daily.

Or you may be stuck with a board that a forties-something cabal of bad board members keeps a firm grip on, with no real strategic plans for the future, no actual ideas that are more than feelgood slogans, just a plan to stay in power and use their personal influence to help their own children succeed in the system and no one else.

Just looking to have a better grip on the numbers going forward.

Many places off the beach in PCB are not STR friendly because the city has a tight grip on it where in Panama City it’s much more relaxed - so it just comes down to researching the local market.

SFR's are easy to manage and sell(My wife still grips about the jump to multi units) Of course I don't own class A Properties.

So, I have a good grip on the market from both perspectives.

I agree, you definitely need to have a good grip on your numbers as the large remodels can add up.