There is a certain entitlement mentality and a long-term frustration mindset where they often times will mention repairs previous owners "promised" to make, etc. 

Not likely), vacancy (@ 8% for me), and a possible PM (10% normally).I recommend you reach out to a local seasoned investor and have them run your #s with you, as the #s depend on how you manage it (how hands on you are) and also local pricing.

@Kenneth Joseph PerfidoFrom my experience, you’re in a great position with your Newport property, strong cash flow, and a low 2.8% interest rate.

A first time wholesaler doing a "subject-to" deal is highly likely to be working with a novice real estate investor who doesn't know what they are doing, and a highly irresponsible, highly desperate, likely elderly seller, who doesn't know what they are doing.

Hey Andrea,  We purchase a single family 2 br on the west side 5 min from the airport and a popular hospital.

Flips themselves are hard to come by and as you said its a job not an investment. 

Hi Nathan, I personally love Columbus Ohio and as someone who works with a lot of out of state investors - there's so many catalysts for why you should invest here.

I am in Orange County, California, and a 4-unit in Newport Beach with one unit being a 3/2 for example LTR would not bring in 7K gross income on that unit.

If you're a single mom with student loans, a car payment, and living paycheck-to-paycheck, then $20,000 would be devastating and a reserve is critical.

I have one near a homeless shelter and a liquor store.