Yes, you can ask them to be out by 10/29, but if they don't leave what will it cost you in terms of eviction costs, lost rent, damages, etc.2.

You'll also want to ensure you have a good property manager to look after the upkeep of the property if you are not there to notice anything deteriorating or which may need attention.Creating an LLC in California could cost you a minimum tax of $800 every year.

@Tim JohnsonThere are essentially two ways (and a few variations) to purchase this deal, depending on how the owners are selling it:As a going concern:  In this instance you are buying the business, so it is the business you evaluate: assets, liabilities, revenues (historical: 3 - 5 years), operating costs (historical: 3-5 years), future financial projections, goodwill, etc.    

You'll be subsidizing mortgage with renters and splitting the rest of costs with him.

Cost is mostly legal, with about $10K - $15K being average.

You will stand out from the competition and the incremental costs will be recouped quickly in your low vacancy numbers…  good luck

This deal showcased our effective renovation strategy and commitment to delivering profitable outcomes.

The implication is they want to effectively terminate wholesaling as a business practice. 

Partner Driven financed the Sierra Drive deal using its own capital, covering the $185,000 purchase price and $33,900 in renovation costs.

From there you'll need to determine Debt Service (if it's a financed deal) and Capital Expenses, to then calculate Cash Flow.The Cash-on-Cash Return (CoCR) will just be Cash Flow divided by the All-In Investment (Purchase Price + Renovations + Closing Costs + Wholesale Fee).If you're wholesaling these deals, I recommend you aim to offer your buyers a Cash Flow of no less than $250/mo and a CoCR of 10% or higher.