A landlord would be crazy to sign a 5 year lease with rent below market (even sign any sort of 5 year lease) and no tenant in their right mind will pay above market rent ($1000 for a $700 unit).Realistically the tenant population is too well educated to fall for the sub lease rent scam.

Yeah this guys a total scam.

I went to a seminar over the weekend (a total scam to sell education, not properties) but was intrigued with the concept of Wholesaling.

Those are generally scams

I work full time and would not be able to devote 100% of my time to managing contractors.

After devoting 80+ hours weekly and never feeling free of school responsibilities I chose not to return but met my goal to earn a small pension when I turn 62.

After that you can probably just hire an inspector.Its not that anyone is trying to pull a scam on you either.

(Good or bad parts of town).23 y/o; <$7,500 in (1) student loan.Here is my question to you all: With $20-$23k in savings, should I put off trying to buy a multi-family and devote that budget to wholesaling in hopes of maybe doubling, tripling or quadrupling that amount overtime?

Originally posted by @Carlos Toussaint:@Bob Bowling if you're interested then  send me or Pm me your Email Address @Carlos Toussaint  It sounds like a scam. 

This is usually a scam of some sort or they annihilate your profits on the back end.