After doing a quick market research of rents in our area, yes, there are a couple of homes (literally-there are so few homes available here) that are in the price range that he mentioned but they do not have the upgrades and they are in crappy school districts, however we are just under the median for prices in our city.  

Real estate wholesaling can be a great way to make money but there are some things you should do first.Know Your Market (the part of the country even the side of your city will have unique characteristics and it is important to know them).

@Eric P.We let our guests know that we accept direct bookings in several ways: post-stay text and email follow-up, post cards and business cards displayed in all our properties, giving each property a unique name and promoting it on social media and elsewhere so guests can do a quick Google search on our property name and we appear everywhere.Increasingly, we are seeing even some first-time guests seeing our property name on the big listing sites, then finding us with a Google search and booking directly on their first stay.

Looking to buy a SFH in the $250,000-$300,000 range.

It means that not only is it rare, it’s unique and genuine.

I’m in a bit of a unique situation, so I was just exploring my options.

I don't think many things within the five boroughs will be within an affordable price range and thus I am thinking the outskirts is where I will wind up.  

I am at a turning-point in my life where i'm still living at home so my expenses are minimal, my credit score is at 800+, my salary is in the 105-110k range (still work at my day job), and I have an extremely low debt to income ratio.

This was unique situation but...If you were my friend I probably wouldn't have let you do it like this IDK really...unless I was there;) I am simply sharing my story real quick, which was a valuable lesson to me. 

With most BRRRR's ranging from $500-$2000/year cash flow you're going to be in the hole if your tenant moves out in years 1-3.