I just got an offer accepted for my first property ever. 

Meh I dunno I just look at all of the apartment complexes in East Liberty that are ~50% vacant still, I would think more developers (or rather investors I guess) would be pumping their brakes on dumping more money into what amounts to more luxury rental units.The Esplanade looks neat but is years away - maybe Manchester will finally get the revamp people have been talking about for years because of it.A lot of these projects just seem like long term appreciation bets and I accept that many people live and die in that space... it's just beyond my wallet and risk profileNice list though, thanks for sharing!

Make sure you let your agent know that you are doing that so that they can find a company that will accept them.

@Brent PerkinsThere is good news, you can likely turn the property to a rental for 3 years and still be eligible for the section 121 exclusion($250,000 of capital gain or $500,000 if married filing jointly).

Don't accept partial payment of the rent. only accept the full rent payment.

Is it a big box kind of lender that most real estate agents will not accept the pre-approval letter from?

The key to being a wholesaler or investor is to have exclusivity.

Cash flow numbers are market specific and whether they are acceptable or not completely depends on your goals and plan for the property.

In fact I’d say they are an advantage in my little niche because they are looked down in and few landlords will accept them so they stick it out with me and always pay because they realize they are “ damaged goods”

Most sellers are opt to accept cash for quick closing.