Or if the larger deal you are buying has enough meat on the bone from a value add standpoint, you can force the apprecation by stabilizing expenses, pushing rents after performing improvements, and then refinance your new deal and pay off the hard money loans on your condos. 

just like our peaceful protesters LOL  looting  breaking windows  its simply a government problem no back bone. 

The roof looks newer, with good bones.

When it gets to 25% not renovated (meat on the bone for an investor) we will consider selling in 2022.  

@Jesus Roman How did you find your wholesalers, I'm having no success with the larger companies that send out email blast with deals that have little to no meat on the bone.

Don’t I need to have bone ETF as well?

@Brandon Sturgill that sounds like the secret sauce dripping from the T-bone steak.

The key is to get a place with good bones, so what you are addressing is cosmetics not electrical or plumbing upgrades

Why give a person a property at cost, that will be worth the same amount in 15 years disregarding inflation, with very little repairs or tenant repairs; plus give them a revenue stream to pay it off.There isn't a lot of Meat left on the Bone. 

Ideally, once you have all the systems in place you take the best deals to flip and then wholesale the ones that don't have as much meat on the bone or are higher risk.Either way, both wholesaling and flipping are challenging and I would consider them a very active form of investing.