“Depreciation” is a wonderful tax benefit over the course of 27.5 years, but unfortunately, it isn’t a tax break per se, merely a deferment. 

Hi Jeanette, I am in SE WI too.

But just hating on wholesaling in a wholesaling forum is so unbelievably pointless. its not dead per se  but it is starting to be regulated as it should.. oregon just passed their version. where to wholesale you now need a license and over site by the RE commission.. along with criminal back ground and a BOND.. and as we know not everyone can pass either of those with the bond being the tough one if you have bad credit your not getting a bond.

Also D.C. is not really a government town per se’ it’s much more similar to Boston, New York etc, and actually cheaper than those areas.

Also if someone is hostile to me I don’t engage in an argument per se, but I avoid them going forward.I know people are busy, but one thing that also bother me exceptionally.

its not the notes per se its the assets securing them.. this model has been tried many times and it fails most every time..

Jimmy,You need to show (2) years of 1099 SE income in order to use FHA, or traditional financing to get approved for a mortgage.

Who is selling in the SE or Texas at a 4-5 cap?

@Brett Danehey, this is a great idea, and I think your categorization by NW/SW/NE/SE is good. 

A SE walk through would run around $600-1000 to assess it and would be a good starting point honestly.