In the end...they know that the LLC likely carries some form of liability insurance as a condition of their mortgage, thus will have some decent funds to pay out. 

I live in NP and walk a lot and see many properties with wholesale potential.If you can be successful in the watch business my guess is those behaviors are not binary and will carry over.

My questions, that still haven't been answered, are the numbers for taxes, rent, and insurance to see what the CF might be (+/-) after the buyer gets the end loan to carry with.Also, I agree about the cost of rehab, and the lack of wiggle room if this was to be a flip. 

Any remaining losses are suspended and carried forward indefinitely until such time any new passive income can be used to offset the losses.

It was very very important to the seller as its next to their home.The property was then chopped, sold 1 time  but all deeds still carried the restriction, but by referring back to previous restrictions. 

(I sold a unit that I purchased for 485k about 10 years ago for 1.7m and did a 1031 exchange and used a little on the second unit)  Total carrying costs of approx. $8450 a month. 

Or does it carry over?

Cutting down timelines to not extend carrying costs Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

A $50K investment from a psychiatrist who has no idea what they are doing but wants the "freedom" "low risk" and "generational wealth" the GP promises comes with zero power over the syndicator in an incredible lopsided distribution of power not available from most other sources of capital. 2) Ability to Charge WAY more in fees: A naive accredited investor with little experience in private investments will fork over fees like: - 2.5% acquisition fee- High Management fees (2-5% of rents) - 2.5% disposition fee- 1-2.5% refinance fee- 20-30% carried interestThe fees that many of these social media influencers charge would get them laughed out of the room by any family office or private equity shop.

Everyone knows Starbucks, great brand, but their buildings are expensive to build and more often than not, the want the developer to carry the lions share the cost of development in exchange for higher rent.