I was just sent the insurance info that outlines what is covered but will have to get the bylaws from the association.

I thought this was my best option to get into real estate but listening to Uncle G , he says 16 units as a min for cover.

You are suffering from analysis paralysis.This is what you do to start.You know how wholesaling works.

@Matt Shields in the long run I’m not overly concerned as this corporate entities have huge overheads and as margins get smaller and smaller they will have a tough time sustaining themselves.Small operators who work from home or small “mom and pop” offices will do better as they will be able to live from previous profits as long as they don’t squander the proceeds.If we have even a minor correction in the market, the large corporations could be left sitting on a lot of negative value inventory that will need to be liquidated In order to cover overhead and can only benefit the smaller entities with cash to scoop them up.My 2 cents for what it’s worth.

They have 3 choices get their buddy to pay,  Cover his rent, find a new roommate and choice 4 is be homeless, my guess is they choose one of the first 3.  

You may also want to ask about taking a slightly higher rate in exchange for a lender credit, which can cover some of the costs if it makes sense.

So that's why you want to raise the sales price from what you are paying the seller to cover your costs.  

We spent 30k on the project and now its renting for 1200 per month which covers our mortgage and some of our utilities!

He got so big enough in real estate where his daily expenditures are covered by the cash flow from his investments, so he quit FOX NEWS.

Increase your application fee to cover the 15 - 30 minutes it takes you to process.It's nothing worth stressing over.