- property management fee (someone has to manage this property, even if your self managing you need to pay yourself for your time) I would use 8% for a property management fee ( there is a whole litiany if charges such as placement fees etc that get charged as well but to keep things simple let’s use 8%) keep in mind your area might be unique i would call some local PM’s to get a feel for the cost.

The choice is to to save myself some grief bending the thicker cable, $30 for the difference in price, and explaining a simple return to HD (when I shell out as much as I do with my local store every year), or cutting it close with an 8000-watt appliance in a basement.Going with the 6/2.

If possible, agree to buy the materials yourself and have the contractor pick them up. 

Once you pick your strategy then hone in on that with books and podcast.

Wholesaling can be very rewarding but as you probably already know, it is very simple, but not very easy. 

Wholesaling can make the process quick and simple and the former owner walks away with less cash but also less hassle.

@Eric RodriguezThe simple answer is ....

. - I decided I didn't want to mess with it because Im starting another project with higher potential return.Now, as an example, I look at this one:https://www.zillow.com/homes/63-GRANVUE-DRIVE-BELL...Its on the Auction block, if I picked it up for 2 or 3k, and sold it for 10k to someone else who wants to work with it, essentially a wholesale deal, and didn't spend any money fixing it up, and agreed to max 1k realtor fees if any, I might make some money on it.If you go to our county tax assessor site, and search '63 Granvue', youll see that 1) the total taxes for 2018 are $2981.38, and 2) they are paid by the bank already for 2018 http://www.co.st-clair.il.us/Pages/parcel.aspxWhat I am asking is - if I bought this at auction, and sold it within a couple of months as a property someone else can rehab, how would the property taxes work / what would I end up paying? 

Just pick up the phone and start calling around.

For simple math you can build four 1,000 sqft units for about $150 per sqft, or $150,000 per unit, so $600k in build cost.