I do some legwork and find out the actual agent XXXX (who is a victim in my assessment of this clusterXXX) and confirm the property is in contract, I get some additional details, and confirm she is not affiliated with Keller Williams *OR* the "as a courtesy we created an account for you" folks.So- to sum up. 

Owning houses or apartments is an excellent part of any investment portfolio and holds an opportunity for a steady stream of income, in addition to a nice profit when you sell.

If anyone can offer some info on how to best structure something like this I would really appreciate it.As additional info, I plan on buying in an LLC with a commercial loan.Thanks in advance!

I rarely read an RE book twice, and in addition to @Caitlin Damani 's book reference of Gary Kelly's book, Shemin's book is really standing out!

In addition, for every repair and purchase of supplies (such as water heater), I always ask for scan copy of receipts, so at least you know he brought a water heater from a legit store. 

No additional duct work needed, able to use in houses like Eichler, flat roof homes.

Plus, one of the neighbors might love to add additional sf to their property, or have an income property they can keep an eye on next door.

The slope of the land and how much dirt to be moved also comes into play as it can get expensive to level for site work.Additionally inventory levels of similar locations with vacant buildings where developers or tenants can go in cheaper and faster might be competition unless you have one of the best locations in the area.Basically what I am saying is that there is a lot to this and you need a specialist to help if you are trying to extract any additional value out of the property versus it's current use.

What's up BP, We are looking for some additional advice as to some of the systems and processes that you have put in place to improve / streamline the wholesaling closing process (after assignment to the closing table).

(I super simplified this not taking into account reduced interest from accelerated pay down)Example 1:Mortgage 150k (paid down additional 50k) and 50k needed for next downpayment.Monthly mortgage payment $1000 (not including taxes insurance etc)Cash left after 2nd purchase $0Example 2:Mortgage 200k, 50K needed for downpayment, 50k in reservesMonthly mortgage payment $1000 (not including taxes insurance etc)Cash left after 2nd purchase $50kWhich example looks safer?