You also need to factor in the amount of repair that your buyer is going to have to do.

Your tax liability is not a factor for him.

How investors can legally and ethically engage in wholesaling:These guidelines are designed to protect all of us from scrutiny, investigation and possibly worse.

But after considering these other factors (bathrooms, hallways,  ADA compliance), I am concerned that I'm unable to provide what they are asking. 

Although that product is great for follow up and wholesaling, we are looking for a workspace designed to also manage rehab projects and rentals, as well as a better place to keep track of our private lenders/coaching clients/agents etc. 

Also most of the time people seeking owner financing would not qualify for the best rates from a bank if at all due to high debt or other factors, thus the owner would not and should not treat that person the same as someone with great income, no debt, and stellar credit. 

If mgt headaches are a factor, make them MLOs. 

.$6,700 closing costs (which is factored into the loan) for a total of $145,400.Interest on the loan is %4.875Upfront costs are only $500 appraisal fee.$3,000 in escrow for taxes and home insurance.Monthly payment will be $1,375 which includes taxes and insurance figured in.The monthly rent is $1,650 so that will leave me a cash flow of $275.To remind everybody this is a SFH that I purchased 2 months ago and should be appraised at around $210,000.

When analyzing potential rental properties you need to factor in a vacancy rate of 10% and another 5% for repairs and maintenance. 

I don't think age was a key factor for us, but I'm grateful that we shifted our thinking and strategy while we have time to really benefit from the fruits of cash flow and long term appreciation, but I think attitude and financial savvyiness (sp?)