When I remodeled I seriously considered wheelchair friendly but in a 79 Y/O house it was just too much to spend.

Do you manage them all yourself and if so how much time do you spend a week doing it?

Once he starts spending more time on it, there is no issue in increase his wage to a reasonable amount.

I plan on spending around $1500 on my next set of mailings on marketing to find motivated sellers for potential wholesale deals.

Plan to spend $20-30K to get this set up properly.

Reminds me of the movie, "Brewster's Millions" where he has to spend $30,000,000 in thirty days and have nothing to show for it.

They want to earn your business and will spend time on the phone with you.

Also, spend some time to make a great ad as it's your first screening tool for tenants.I find newspaper ads too costly and it's difficult to make your property stand out in so few words.

I spend a lot of time sorting and analyzing my farm data in order to target motivated sellers.

Hi Kristin,It really depends on what the after repair value of the house is if you intend to wholesale the deal.A typical formula (some adjustments are made for market strength or location) is that a cash buyer is going to want to spend no more than 70% of ARV minus the fix up costs.