Quote from @Jerry Cox: Quote from @Michael Dumler: @Jerry Cox, be mindful of your dates and contingencies within the binding agreement if you go under contract.

And the rest of the story is depreciation recapture…

👏 Agree, this is the kind of data that can help you stay ahead of the curve.

Like Jonathan said, in-person meetings with other investors is the best place.

Thanks NIna Never skip out on verification of residence history and past landlord reference.Rental fraud is on the rise, and becoming easier and easier. 

if you have an LLC and both properties are under it, you just need 1 operating account.If both are under your personal, 1 bank account specifically for the rental is enough for operating.Security Deposits should always be a separate account altogether.

So, in my market the VAST majority of homes an investor will invest in are "older".

What’s the best way to secure a deal, and not encounter with another wholesaler going after the same property.

This is one of the main reasons that HUD deals fail to close.  

I have always been interested in home construction techniques that are different or older.Container homes, these sorts of shot-crete homes, bale homes etc.The biggest issue is not that fact that they will rent, for if they are in the right location, of course they will rent just fine.