I also have a 720 FICO credit score and will be living with my parents rent free for a year.With that said I have a solid credit score, decent income, enough for a 20% down payment, and little debt.

There is no way the casual investor is going to attain the average rental yields he does,  nor have the ability to call up a contractor and get a first rate, immediate response at wholesale contract prices so if it is a pain for him, it is worse for everyone else.There is absolutely no question the casual real estate investor can buy at full market value in Houston, in the decent low valued neighborhoods, and get cash flow and yes, long term wealth as long as they can get the low interest conventional loans. 

Bro dont pm anyone the adress untill you have secured somthing people are sleezy and will take anything they can out of you if you give them the shot make sure you have somthing contracted first with a person you have a good gut feeling with.

It sounds like a pretty decent deal!

Here’s an example that might make sense to you (or might not make any sense at all, lol, but worth a shot).

Realtyjuggler is a pretty decent crm, it is agent centric, but you could use it for lead tracking, followup, and touches

The size of the house is pretty decent but it is a lot of work.  

If you have a decent credit score you can do it too!

It's a total long shot for them.Most wholesalers don't use agents; they get their properties through direct mail or other marketing.

If it's a decent sized multifamily and if you haven't raised the rent 50% in the past three years, but basically maintained them then I would probably use some equity to buy another well cash flowing property.