Many homes are overprice but even at tax assessment value, the rental income is not meeting the 2% rule.Am I mis-interpreting this rule?

of course you generally want to be around break even when you move out if you can. 

Good Evening All!

Lots of good advice above. 98 percent of wholesalers don't even know how to evaluate rehab costs and have no access to get the true ARV and don't care either way, they are just trying to make the biggest spread instead of finding the best win-win scenario.

Maybe he will even take less depending on how its presented to him.

We have a huge number of people entering the market with even single/double wide's being listed as STRs, I think it's going to take 12-18 months to flush out a lot of these listings where people have obviously not run their numbers. 

The deals are very conservative and are mostly wealth preservation with modest cashflow (3-4%), but they've performed for me even while many syndications originated at the same time have been failing. 

Even this seems like it could be done in a couple of ways.

Even if it's in a great area of the city.

I have found the rental property codes but no specifics on cost or how to apply for a rental license or certificate of compliance-not even on LARA.