We have remodeled 2 bathrooms, master bed, adding another bath, relocating laundry, and soon will start the kitchen.

It's also, in many states, practicing real estate without a license.Plenty of us work with wholesalers all the time, good ones, but when you come into the forums and every 10th post says, "I have no money, bad credit, no experience in real estate, no capital to deploy, but I am going to become a wholesaler to make money to invest", it makes the experienced ones of us barf in our mouths.

This is not likely in actual practice.

This is a practice by some less than reputable companies.

This is a practice by some less than reputable companies.

This is not a wide-spread practice, but I think its worthwhile to research this and ensure yourself that you will not be stuck with the tenant's electric bill.

I was planning to leave my current full time job, relocate to Michigan, and work part time in a family business.

So, I guess this analysis is just for practice anyway.

That's fiscally conservative, practically bigger pockets heresy (people are looking at me and taking their pitch forks out, as we speak), but whatever, so be it.

First would be to search the online listing, see what's available and practice analyzing/underwriting the deal to make sure it makes sense.