I live in San Diego, but my main market is Hawaii and I do creative deals all the time.Kauai would be challenging just b/c there aren't as many people there -- simple math -- but just 1-3 deals a year could still provide a comfortable living.

You would be able to get approved at your $200k salary with a simple employment verification, no problem at all.

Wholesaling is simple.Find a motivated selelr, explain in full transparancy what the wholesaling process is (yes tell them you have no intention to buy their house), get the hoiuse under contract then sell the contract.It is THAT simple!

Tenants only want a simple clean, quiet and safe place to live and swimming pools with a bunch of brats is noisy and dangerous.

Once our lease expires or cycles, when we increase rent, we do so through a simple, one page addendum to the existing lease. 

Pretty simple procedure actually.Stephanie

A simple lease with option to buy if leaving it, but own on a wrap if investing in it👍

A simple sign stating video surveillance  is in use as well as leaving written notice about extra fees for dumping large materials should suffice on both fronts.

Here is a simple example:10 POH x $1k/month home & lot rent = $120k/year x .75 Op Ex = $90k NOI / 8% Cap = $1,125,000 property valuevs.10 TOH x $500/month lot rent = $60k/year x .75 Op Ex = $45k NOI / 8% Cap = $562k property value

So to keep it simple, I would grab 100 homes for 3.5 mil, which would bring me 150k-190k/ monthly Net.