There is so much more to consider than just the price of the property.I see numerous red flags from what I am reading.

There are numerous options that must be considered and many costly mistakes that need to be avoided.Dissolution of the business is one many forget.Other considerations include:DeathIncapacitationSpousesChildrenAnd, yes, you will disagree on the smallest issues.

My business partners and I have done numerous fix&flips and buy&holds in the beautiful city of Fort Wayne.

So we finally found our first deal on a SFH, (after numerous offers, refusals, Mo. searching, reading hundreds of forum posts ,etc) got it closed, got the rehab done, paying renter, and a nice bit of cash flow, Sweet!

Sorry it's a long explanation, but I thought some of you might like to know the real deal on this website.

We've met numerous wholesalers and Investors who started in wholesaling and at some point they've ALL used bandit signs.

While I can't give you definitive answers about specific questions, I can (hopefully) give you some additional explanations to put things into perspective.1) Mortgagee (lender) rights.

You know the management fee is something I hadn't planned on adding but I know I will be owning numerous properties in the future and I may not always want to manage them myself.

Last year I assisted a seller in dealing with the Dept after they got a letter requesting explanation for why transfer taxes were less than 1/3 of what the Dept expected to be paid; that was a 65% of ARV minus repairs sale, so the sale price was really low due to ~ $40K rehab needed.

I am finding, like many have shared on numerous forums, that it difficult to find bank financing for subsequent investment properties.