Rob told me about BP podcasts, and I've been binge listening ever since. 

If I can ever get my schedule in order I am coming up to one of your REI meetings.

It's almost impossible to explain the magic and the power behind this program, it's like nothing I've ever experienced in my life, and it's very near and dear to my heart. :)

There is no seasoning ever for the delayed financing exception assuming you paid cash for a property.

He isnt on BP hardly ever.

You ever think about getting into larger apartments via partnerships?

It's not what I would ever recommend, but it is doable.Your worst case scenario (and not a likely one) is the IRS auditing one of you and then deciding to cross-check against the other.

Back story:I've been lurking for a short while and have learned way more than I ever imagined I would hanging out on this site. 

Newbie wholesalers who have never done a deal, most likely won't know what things cost.Truth be told, you don't "need" to have done deals, but within about 30 seconds of reading a wholesalers advertisement, I can tell if they have ever rehabbed a house or not.

I did the math assuming a 6.45% Cap Rate for Orlando, along with $115,544 NOI but I don't believe this building could ever be worth $1.8M.