As a result, the smart REI investors are looking for B-minus or C-on-the-borders-of-B areas.Fountain Square is the neighborhood where a lot of REI's [including ME] are trying to find properties - thanks in large part to HGTV's "Good Bones". 

We are looking to purchase an old home from the 50's in the Zilker area in Austin to tear it down and rebuild 2-3 homes on this large lot.

Also, no contractor who requests large deposits (been down that road before and never going back lol). 

However, I wouldn't touch the CF until you scaled up enough to have reached 140% of all personal monthly expenses.

And I'm having a hard time convincing our bank to allow this large a check deposit through the mobile apps (when they have one, ugh community banks sometimes)... unless we want to upgrade and pay for the privilege of their "treasury services".Thoughts?

However I will say that wholesaler by and large have very diluted thinking . when they think they can move faster than a good agent..

But with more units it spreads risks and gives economies of scale.

Is it a large tenant or regional?

-What was the details of your first deal, and how did you scale up from that point on?

I figured I could earn a money market return on the cash during that time and offset some a large rehab I have going on.