Bad contractors are one of the main reasons why first time investors never do a second deal.

They want to ensure against potentially lending on a property which may be destroyed/badly damaged.  

I honestly feel bad saying that because anyone that has saved up $25K to invest should be darn proud of what they have accomplished as that's no easy feat. 

Now, people are fighting back to appeal the raises. 

We all know those that get on BP that are LPS and now own 5000 units or Co GP with no real ownership etc.. so those are legit questions to bad OP got so defensive and did not just answer the questions. 

I don’t have much to add for wholesaling other than to remind you to maintain integrity - too many less scrupulous wholesalers have given the name a bad rap.

-The mention of syndication being less risky than HML...I'd suggest it is more risk, possibly much much more since you don't know whether you are good or bad at vetting the operator right now.

Anyone trying to tell you a certain asset class is good or bad these days is probably trying to sell you something.

He's the guy who shared my interested and connected us, he wouldn't recommend him as a seller if he had bad experiences with his other properties.I did ask about other properties and he shared about a duplex for $200k, but I wouldn't be able to afford the down payment needed.He acknowledged the rent is low compared to the market and never mentioned that it's his "best" property.1) Agree, but if he's been a good tenant is that necessarily a problem?

In the few markets where the demand and markets support this, it’s likely that the municipalities will fight you tooth and nail.