Corporations with 100's of millions of dollars and endless resources couldn't make this work, I see no scenario where a random dude can succeed where they failed.

I list REO and corporate owned properties. 

I've been in the real estate accounting field for almost 20 years, and in my experience, it's helpful to think of the software you use in two distinct levels:Property Management (PM) Software: This handles the property-level operations.Dedicated Accounting Software (like QuickBooks): This is used for corporate-level accounting.Not all PM platforms come with robust accounting modules.

We’ve considered setting it up for a corporate rental or a rental for traveling nurses. 

Googling, I find that it is not uncommon for corporations (which the property I am interested in appears to be), to sell their properties with SWD rather than GWD since they may have aquired it during foreclosure, etc. 

If scaling is truly impossible and you hit a ceiling at $80000-$90000 a year (figure I have got by googling "How much wholesalers make"), then it's indeed kind of a dead end a job with only benefit of working remote and making your own schedule, away from corporate world and office politics/nonsense.

In my opinion, it doesn't sound like a bad deal.10% is more than you would get in treasuries and corporate bonds36 months is not a super long period of time.Seems like you are protected with 1st position.I would just do some background on the company - How long have they been in business, financials on how the company performed for the past 2-3 years, along with some background information on the sponsor/founder of the company.Best of luck.

Hello all,As many others in corporate America, I have some savings tied up in a 401k.

Hi There!I just signed up for Pro and this marks the first post I'm sure of many as I take my first step towards this REI journey.  I look forward to learning from the brain trust that is in this group.  My first ques...

Looking to expand my portfolio to other states and am looking for ways to structure my corporation. ( i.e californial llc that owns llcs in different states )