If the market crashes, getting loans for a condo is impossible so the value of the place crashes - the only offers to buy will be lowball cash offers.

And, if we're using private lending, are there issues that arise, or even make it impossible, to quitclaim into a holding LLC through which we would refinance? 

.** If this topic was already discussed before, I would appreciate a link to the conversation.This has been almost impossible to obtain, does anyone know lenders or banks who is open to HELOCs at this time?

Specific performance is almost impossible to get and most intelligent people don't trust wholesalers anyways.

dont underestimate the 1. time it takes to get ANYTHING done in PR. add COVID to that and its next to impossible. 2. finding anyone reliable to work is also tough. 3. everyone has their hand out for money, although cash offer, San Juan will bleed you dry in fees. 4. you will need a lawyer to buy or sell anything to include a Kit Kat bar in PR. 

On the North Side getting something with a CAP of 8 to 10% will be difficult, not impossible, unless you employ a strategy of purchasing distressed at the right price, then updating & holding it.

So I'm looking at a property right now that was just posted today and it seems to be the best deal I've personally ever seen... the problem is that it's such a good deal that I would need to offer over or at asking price to get it, which would make it virtually impossible to wholesale.

Not saying it's impossible.

Short term rentals are almost impossible in Clearwater.

@Roddie WeddleIll bet that is just about impossible to know for sure...