One of my biggest questions is what was you all’s experience with receiving/analyzing a deal with current tenants already residing in the units, but you know you want to do rehab and renovations?

With a good tenant I think the repairs would be the biggest concern.

I’d use the cash for a down payment on the biggest multi family units in the best area possible .

Re: high bills...running toilets is the biggest issue.

for me, that is the biggest hurdle, as I don't look forward to having to save $60k to $120k to invest since the real estate markets there operate largely on a cash basis.

@Michael DelpierIsn't the bagster the biggest rip off of them all?

Kitchens & baths are where you'll get the biggest bang for your buck.

That is an amazing return on investment.What has been your biggest success with hard money lending?

Let's pretend you are the biggest landlord in Raleigh.

I am aware of many agents who have wholesaled deals, some of the biggest wholesalers in this market are licensed agents, ethically it appears no different than double ending a transaction which is a very popular tactic used by agents to squeeze every cent out of a deal.