But it clearly wouldn't work for us smaller fish (I'm at 23 and I am definitely smaller fish to them).ESCROW ACCOUNTSThey want all the rent for the houses to go into an account that they have access to and they want security deposits in a separate account and they want reserves and capital expenses to go into yet another separate account.Add in another 5% just to manage all the separate accounts they're asking for.

I have two properties and own them both free and clear, so I don't really know the terrain as far as taking on a loan, cash flowing while using leverage, etc.

Paying some amount and getting poker chips or monopoly money to use toward a purchase is nothing but a shell game, it's clearly a method to allow credits from rents paid to buy a property.

But just to be clear, if you buy as an OO, you need to Live in the property for one year, not just hold it for one year.

They are very clear try do not make repairs, renegotiate or give back earnest money to investors.

Stay clear of them!

Hey @Aaron Yates as I have had more time to research BP, I also came to that conclusion that wholesaling may not be the niche I start out with as a "newbie" because of the time and money needed.I would definitely be interested in joining your meet up group, please let me know when you decide on date and I will make sure I clear my schedule so I can attend.Thanks again for reaching out and giving me advise, look forward to talking to you again soon.

In the post it is not clear why you simply do not sell out right and not mess with any of the creative stuff.

For a restaurant the lease should be specific as to drains kept clear, operable toilets, cleaned grease traps, health code issues pertaining to the RE, etc.

Once again, if this isn't clear people will be all over the map and the lack of focus could mean lost opportunities.Expect, demand, do not compromise on excellence, hard work, integrity, and loyalty.Be the boss - When you hire A-type people they will be used to leading and taking over but you always make sure that you give them power but let them know the final authority rest with you and you are the boss.Building a team is easy, building a great team is really hard.