I can imagine that would be really tough to find in most major metros. some condos dtown chicago go for 950 a month for a studio and I'm pretty sure I can't find a seller that will sell it to me for 95k.But at the same time, just because I'm not in an area where SFH cost 50k, and you can easily apply that rental rule of 100 to, doesn't mean I shouldn't be allowed to play the RE game.There has to be a model in which people from big cities run their analysis through that has to differ with people from smaller cities.

This means, playing the middle man on ALL deals.

Cosmetic fixes are ideal in the begining.

I always tell my investors it is like playing Monopoly you have to have houses on every side of the board (different markets) to win the game.

When you invest in these things on your own (without any experience to back you up) you will definitely see these risks coming into play!

Now if you have a bunch of capital to work with and don't mind playing the waiting game then it might be a good idea.

Meanwhile, we have invaded someone who we thought had it and they didnt, we threaten another nation who we think wants to have it, and then we placate and play games with the people who already have it and can deliver it to the west coast.

Ideally, you should have your own agent.

They can't help them because the sellers I deal with usually can't or don't want to even wait 3 months to sell their house, or the seller can't afford or doesn't want the hassle of repairing the house in order to sell it on the retail market.See as a wholesaler or as a rehabber, I am always looking for one of two things.

For instance, Hispanic women play the more dominant role in decisions that relate to the home.