I've had weird things pop up such as fire department fees, etc.

I have one that I use for running ads on craigslist, when that number pops up I can tell it's craigslist call and not a current client or tenant.

Plus no guarantee of getting "long term tenants", plus all the other "land lording" issues that can pop up, ...and then a strong possibility of repainting, new carpets and more, every few years or so, until you find that "long-term tenant"....for $750 per month!

I most certainly got and still get those feelings but they are less frequent now.I used to get them most when I first started focusing on Wholesaling.I knew I was applying myself but the deals were not turning into dollars and I had already spent a ton of money on Guru courses.Like Bryan mentioned there are alot of scam artists out there who kept using phrases about Wholesaling like "fastest path to cash" "vacant house gold" so naturally you can imagine how miserable I was when the money didnt start running out of the kitchen faucet!

So I would analyze what you are studying in college.If it doesn't have demand and great pay then red flags should be popping up.

Definitely also what Rich said, I have seen some fantastic deals but just wasn't in a position to buy at the time.Lastly and this may be #1 above tenants trying to give you the run around, that damn leak that happens to pop up at the worst time or the leak that you can never seem to find easily!!!

Making a cover to keep every stray pop bottle and gobs of tree leaves is most difficult.

If the government wants to help income inequality what better way than giving "mom and pop" investors the chance at building wealth by purchasing income property?

Then take your monthly nut to get the amount of months you can survive without doing a deal.Then figure what your average deal is.For a wholesaler it might be 1k to 2k a pop but I am not one but this is what I hear.So if you need 8 k to break even every month that is 4 to 5 deals average at 1k to 2k a pop.Good Luck

Seems like this combined with the government plan to sell Freddie/Fannie foreclosures REOs (many being SFHs) in bulk to huge investors/corporations that will supposedly rent them out, means big business/government is taking over what once was the domain of the "mom and pop" investor.