Notice the one guy on this thread pushing llcs is an asset protection attorney.

The most common method is driving for dollars.

Ive noticed a bad rep is circling around the name of the wholesaler: like how greedy they get or they don’t bring the numbers.

First thing I noticed is the loan to value represented on the report.

A very common thing I see is people have a "mortgage buddy" who is great at residential stuff but totally novice with non owner occupied investment property loans. 

I have also found out that they have already received one foreclosure notice so the owner is definitely going through a tough time.

I just noticed it.

I notice you're in Omaha, I've been looking at properties there.

The total building may be 3,000 square feet, but the individual units will of course be smaller (plus there are common spaces).I also wouldn’t totally rely on the city assessor’s records for square footage. 

It seems like these posts always lack in details so I will try to give the most information possible:Sale Price: $575k  Current rent: $6825 (this is topped out, no room to increase)Loan terms: 20% down, 20 year 5 year balloon  5.75% interestsManagement: 7%Insurance: $3200Maintenance/capex: $5000Taxes: $8900Vacancy: Using 5%Property is C class and in good condition (new furnances, roof, etc) No common areas.