Originally posted by @Dana Whicker:Umm 0% cap rate means 0 (zero) profit.  

hey everyone I just posted the link to the local Charlotte REIA meet up they are having one tomorrow at Hawthorne’s NY Pizza & Bar located at 6215 Old Post Rd – Suite 101, Charlotte, NC 981-474-179 with, Linda Dana, who will be discussing Starting from The Beginning – Wholesaling Real Estate, What is it?

Thanks Dan :)As others have said, make sure that clause about the security deposit not being used as the last month's rent is in the lease.

@Dana AdamsI am an investor in the South Bay.

@Dana Cavalea, I see the deal is already under contract. 

Form my experience I do agree with Dana Hoffman that it all depends on the property.

I just closed on a tow home in the Walden community in Mechanicsburg, near Wegmans.Good luck!

Goal:•To acquire and rehabilitate apartment complexes to green efficient rentals as long-term assets properties to build passive income.•To have a financially sound portfolio of 15 income producing rentals properties of 6 units or higher in the greater of Boston area.•To promote through Caribbean Integration Community Development (CICD) a diverse and economically balanced community by bridging the gap of migratory challenges facing Caribbean newcomersAreas Of Expertise Include:Property Management-Short Sale-Probate-Absentee ownersEducationUniversity of Massachusetts Dartmouth North Dartmouth, MA Bachelor of Science in Computer Science May2006Professional ExperienceCorporate ExperiencePartners HealthCare at Dana Farber Cancer Institute 2006- present Desktop Support Analyst•Led the technology innovation team called the “PC Refresh Program†for Dana Farber.

@Dana Wappler hi I would be interested in getting connect to them

Dana Lee is an excellent mortgage lender.