Unfortunately, investing locally is not an option from me since the state that I'm living in (CA) is not affordable for me at the moment.

Vizio lending does this but they quoted me at 5.5% Which kills my deals in my market in terms of does it make cash flow sense.

It's a wonderful location but the house is rough.My math puts me at a 3% Cap Rate, 5% ROI, and -$300/month cash flow.Here's my plan:Rent house as is for $1600/mo (less than prior tenants because the house is getting worse). 

As an interviewer and in person, he is warm and reflective, punctuating his thoughtful probing with deep, gregarious laughs.

If so, I would say that makes more sense to use the BRRRR method if you are certain that there is enough meat on the bones to pull your money back out.

In my opinion, a good wholesaler will leave plenty of 'meat on the bone' for the buyer, be very accurate in describing the property AND include pictures -  not just of the outside of the property. 

Don't worry you didn't discourage me at all, always good to hear the issues to expect when entering a new industry.

You lost me at “buy a SFH” lol.

@James Masotti Actually, McGraw-Hill told me at one point that they were going to do an audio version of the third edition of my cash flow book.

I'm looking for more meat and potatoes than "I think X is a better buy than Y."