Quote from @Max Emory: @Mary Jay, the $800-$1k sounds like phantom cash flow or spreadsheet cash flow that gets eaten up by repairs/maintenance, turnover, vacancy, CapEx, etc.I've owned rentals (with leverage) since 2019 and our REI bookkeeping firm has serve tons of landlords.

Then it sounds like you have a good case but just be cautioned that plenty of good cases end up big losers in court.

Sounds like you guys have the potential to be an amazing property management team!

Of course "hoping" rates will come down is not a sound strategy so finding a way to assume a loan that already took advantage of low rates is a great option.If you were starting over and targeted a large SFH, would you try to maintain the property in a way that would still attract regular homebuyers (not investors) if you needed to sell?

Not wanting to sound like an attorney, but companies like the teaser because they are on firm legal ground: so long as company clearly tell consumer prior to purchase when they must cancel by [knowing statistically enough will not comply in time to make the teaser marketing profitable] be it rebates on computer software that many folks will fail to mail in, or real estate CD w/â€mentoring†or whatever that some unfortunate folks will not timely cancel, or Chrysler minivans forget to return….Legrand was very ethical each time I or my partners have tried his teasers [no Mr.

Based on what you described above, it sounds like he used all the tricks he learned presenting on behalf of Dave Lindhal, just now in his own mentorship program (I.e. sponsor deals for students, crazy acquisition fees, big pressure sales pitch all throughout, etc).

There are so many holes in the concept of having Airbnb's policy act as your primary form of coverage.Last thing - it sounds like you have a standard homeowners policy and not a landlord policy?

It sounds like you're on the right track!

I appreciate that, and you're right, any back-of-the-envelope calculation suggests that much of the wealth comes from the equity accumulation, even in the earlier stages of the amortization schedule.

The buyer will, if they get screwed, attempt to get whatever they can from the seller, and from YOU, as the wholesaler. ...In sum - if the above sounds appealing to you, go for it!