they DONT  these guys are trainers there is huge money in it far more than they could make actually wholesaling .. think about it the amount of properties that can be wholesaled is quite small actually very very narrow real estate nicheThe amount of dreamers who want to  make money wholesaling and then buy rentals then retire ( this is a common theme among those who start the wholesaling gig). 

Any losses incurred along the way are chalked up as inefficiencies / common area heating costs.Whether this is a good idea, IMO, is based on markets trends.

All this fancy mumbo fha guideline gumbo means is that your projected market rents assuming all units, if it were rented Times 75% need to be greater than what your monthly payment is  (PITIA = principal/interest/taxes/insurance/assessments monthly), other wise FHA will not lend at that loan amount so common solutions to this when rents are too low in your local market are to put more money down payment which defeats the whole purpose of low 3.5% down FHA doesnt it?

Hi Conner, this is very common with MTRs.

Super common in Chicago. 

This is a common enough problem that we have built a lease break fee into our lease.

If you have any additional tips or resources on setting this up or ways to avoid the common pitfalls in this field, I’d be grateful to hear them.Thank you for offering to share a step-by-step blueprint—it’s exactly the kind of actionable guidance I’m looking for to make sure I approach wholesaling the right way!

You’re making one of the most common—and biggest—mistakes most wholesalers make.If you need to ask, “Is wholesaling still a thing?”

However, with rising property prices and rents not keeping pace, it’s becoming more common to see 0.7% to 0.8%.

Great question and a common one that many face!