Also what type of cash flow are you looking to generate from your deals?

From what I've seen so far, the generation of leads is a lot easier in the US vs the UK, but laws in some US States kind of frown upon wholesaling and see it as acting as a realtor without a license, etc.

I found a great place which I think can generate passive income however am not sure about my surroundings.

End result, we negotiated the seller down, we put 20K in post-closing to add some walls and voila, we turned the apartment from something that would generate 6500-7500/month into something that will generate 9000-10000/month at peak market rents.

It usually generates another auto response.

So the question would be, does that number make it worth it for you knowing the possible outcomes for the return you generate in the mean time. 

Many urban core professionals who are from the baby boom generation and also formerly lived in the suburbs are finding their lifestyle improves when they can remove their formerly tiresome commute from the daily grind.

My aim is to Wholesale and use the capital to invest in rentals and to do that I need YOU.Instead of looking for random deals then running around looking for buyers who may like it, I want to know what YOU want.

I will be focusing on wholesaling once I get a new website launched to generate leads.

However, here are some random thoughts:If 60% of rental income provides sufficient retirement income, you can probably afford to do nothing :-) This has the added benefit of continued capital appreciation, relatively easy single family home management and tax free stepped up basis on first death.