We are under contract for a 2 property portfolio in Bradenton, FL and a big part of the value add is adding a sophisticated management team to the property. 

It needs to be done with a more sophisticated investor.

You will pay payroll taxes, but you have more control over that.2) You do not want a "dealer" classification attached to you by the IRS. 

The fact that someone is able to look at two paths (Wholesaling & Real Estate Brokering) and is not smart enough to see which one has more income generating opportunity tells me that they aren't sophisticated critical thinkers.

The problem is that you don't know what you don't know until you learn something sophisticated and then you realize that the stuff you learned before just wasn't good enough to achieve MASSIVE returns.I think the best kept secret is these more sophisticated calculations such as IRR.The problem is even if I let the secret out of the bag, there will probably be 90% of Investors that will say it's too difficult to understand.

We rent to our handyman.It's a good deal for us as we don't pay payroll taxes on the resident manager deal and for him...free rent.

I can put them both on filtering through land records now, but one has college training in quickbooks so I think I’m going to hand her bookkeeping and payroll.

Not much of a difference from apartment complexes other than management fee, payroll, debt terms, and utilities.

It's a little more sophisticated type of transaction but certainly doable.

These deal are open for sophisticated and accredited investors.