You may have to work for free or at low cost to the small company, as they will be very sensitive to cash flow and costs.The development business is one of the most complicated businesses that I know of combined with risk in land markets, underwriting, financing, and construction.

Some weeks it is combined and other weeks it is stand alone ( different party).  

We have an interested couple that makes $3600/month combined. 

Thought I'd share a lesson that was reinforced for me today that ended up saving me from doing a bad deal and losing a bunch of money.tl/dr: make sure that you're getting your own estimate from YOUR general contractor instead of trusting one that a seller/wholesaler has and then verifying after you put under contractI'm working with a wholesaler that I haven't worked with in the past and found a deal in Essex (outside Baltimore) that I liked.Here are some of the pictures of the house:Based on the pictures, we considered this a complete cosmetic rehab - the house was shown to be in pretty good shape but there was some work that needed to be done to modernize the house in order to bring current market prices in Essex.Here was the info we had from the wholesaler:Single family, 3/2 bath1320 SFPrice: $90,000Rehab: $35,000ARV: $200,000And the kicker: the seller had a one month old SOWk that had already been prepared by a local general contractor and laid out the $35k in rehab costs.There was enough info at this point to deep dive into the analysis.

@Andrew DanielIt really depends on the property and on your market.We will be doing a full-gut retrofit on a Victorian duplex (will be three units when we finish) and I am planning to send the two clawfoot tubs out to be refinished in a victorian era pastel aqua, red or yellow ... the form will fit the era, the colour will add a bit of pop and tie into a more modern vanity.

It allows all units or properties to stay separate or combine by owner.

It allows all units or properties to stay separate or combine by owner.

first off its a complete pipe dream to think you can just live running rentals and its not a full time job.you seeing it now with the few you have what do you think it will be like with 50. or 100.. which is what you need to replace your income. at least according to your math.many will say PM does it.. well there goes a big chunk of your income and you need more doors to afford someone else to deal with the three TTTs.... personally I would look at a combination.. some rental income to supplement your income .. but to fully replace it .. not so sure in your market.. some markets in the US.. were you can buy rentals for the price of cars.. well that can work.. in higher priced markets pretty tough and unrealistic .. so don't get discouraged.. just get real.. and deal with reality.. 

I think the combination of those two things might serve me well as I get underway with wholesaling, and eventually the other aspects of REI.I have lived in the Houston area all my life and have grown to really appreciate the culture and history that is part of our great city. 

Not to burst your bubble, but at the last BP meetup there were three guys who had sent over 1,000 combined and none of them had a single response.