Quote from @Sidra Amir: If the boat was there when the tenant applied, or it was at least disclosed to them that it would be there, then there's nothing you need to do.

However, I have helped a couple people with extremely basic home layouts when they were in the process of remodeling their home.

Here it would be 25% down ($275k)A balance of $825k at 7% (or higher) $5,490/mo, figure $250/mo insurance, $500/mo property taxes $6,250/mo. 

It's definitely priced to sell, but I agree, this would be more stress and more time.Please do let me know if you have any referrals for lenders and attorneys, thank you!

He found a company insure my primary resident in CA and helped with policies on my properties out of state as well.

Matthew - New Western is a large wholesaler in the Philadelphia area, so not sure if they are looking for more people on their team.

The goal of the first 3 deals will be to target 1-4unit styled homes, requiring minor-rehab.

If there’s anyone that attended one of these MFM seminars and is considering it, let’s connect as I believe we can create a win-win and you can actually be an investor rather than a piggy bank for shops like them.  

Quote from @Zach Matson: Quote from @Bill Le: Hey Zach, I tried to look into this as well before and it's kind of all over the place.

You can determine what a decent salary would be for someone in your market and then reverse-engineer to see if what you're paying as a salary, plus the projected performance commission, will get you there.