If you have a 6 bedroom in an area that does not have a university (students looking for shared space) or is in a family friendly place it may sit vacant longer between tenants.For Capex, try not to use a generic number - look at the roof, furnace, hot water tank, kitchen - when will each need to be done and what will it cost?

If the R2O buyer gives notice on their current place and your deal falls through at the last minute, those tenants would be scrambling to look for a place to live.

On the face of things it appears you will have a hard time getting a +10% ConC return.

Go to GET STARTED > EVENTS AND MEETUPS at the top of your screen.

It's pretty difficult to get an investment mortgage at the moment. 

My advice is good advice, but it's common that most people new to wholesaling still think they are going to make a mil in a year and only want to hear the good stuff.

Quote from @Luke Machen: Hey all - I'm new to the RE investing game and have some (probably dumb) questions regarding cash on cash returns.

Welcome to BP!

Do you dislike work and want to sit at home wasting away in front of a TV? 

Ask a lot of questions and have a good understanding what STR arbitrage: Questions to ask: How long have they been doing this?