I own several other properties, have a great contractor buddy to do the work reasonably, but I've done many rehabs in my day and am unmotivated to do another.

Based on the knowledge and experience you have, would you consider this strategy if you had to go back at my age?

Quote from @Rory Darcy: Hi guys my name is rory, pretty new to this im an out of state investor residing in new york, looking to invest in wisconsin and illinois, currently looking to build my portfolio around multi family duplexes or single family residencies, would be great to connect with like minded investors or agents who can lend a hand.Rookie investors should not invest out of state.

.), I’d love to add you to my list and send you deals that fit your criteria.What I offer:Off-market properties (exclusive, not on MLS)On-market properties with strong investment potentialDeals perfect for fix-and-flips, rentals, or wholesalingAccess to properties before they get snatched up by other investorsIf you’re actively buying and want to see what I have, send me a message or comment below to get added to my list.

My recommendation:  Punt. 

Hello My name is Pychou.

Hello everyone, My name is Asiel Zermeno, I am carpenter in Los Angeles who wants to pickup wholesaling real estate as a side hustle.

My name is Jenna and my husband and I are just starting to dip our toes into the real estate world!

It is my understanding that the new owner will have the house at the cost basis of my purchase price, for calculating capital gains taxes or depreciation.For gift tax purposes for you - FMV.For capital gain tax purposes for the recipient - your original basis/purchase price 

If the seller is on a 2.5% with their agent and I'm at a 3% with my agent as a buyer, would the seller's agent ask for 3%?