Feel free to shoot me a PM and i'd be happy to connect further to share experiences or insights!

You can incentivize paying their rent ahead (by semester/term) via lump sums when they get their student loan reimbursements and also have their parents co-sign their lease for a backup plan if you don’t feel comfortable enough with them solely on the lease.

While initially enthusiastic about the potential of the property, upon inspection, I found myself overwhelmed by the extent of work required for its rehabilitation.As a beginner in this field, I must admit that I feel ill-equipped to accurately assess the necessary renovations and calculate the total cost of rehabilitation.

I have several properties I did a JV agreement on with someone while we were feeling each other out.

Feel free to reach out so we can discuss details. 

It all depends on the seller and their needs and I truly feel like offering more options than just going on the market gives a seller more options.

I have been a landlord and investor for over a decade AND also work as a senior/regional property manager so I feel like I see both sides and have some good insight on this- manage yourself if you have the time and fortitude to do so, you will make mistakes but it will pay off, get a real estate license (not hard to do plus you can sell and buy properties and get commission) and know the laws, be willing to do the research, NO ONE IS GOING CARE AS MUCH ABOUT YOUR PROPERTY AS YOU- that being said, not everyone wants to has the time ect or headache or likes asking for rent…FIND A MANAGER THAT ALSO IS A LANDLORD INVESTOR, I can’t tell you how many property managers I’ve tried training and that failed at our company because they just don’t get it from an owner or investor side, like “no tenant we aren’t going to come replace your stove again, no we aren’t going to clean your bathroom cause you didn’t , ability to analyze when to do maintenance and not, ability to explain to tenant owners POV, I tell every owner I am not telling you anything I haven’t done or I’d do my self, a lot of property managers are blue colar type workers and have never invested in their life and just done get it, 4 out of 5 property managers fail at my company because of this especially for single family homes, find a PM with speciality in SFH for your area, for example, a PM in Birmingham MI (upscale area) will fail in Detroit or lower end markets (but that’s were the best ROIs are)

Feel free to reach out with any questions!

There are definitely some key differences between wholesaling and flipping that you'll want to consider as you get started, feel free to post the questions you have about it.

Taking the emotions out of the working relationship -  that is, my 'sympathy'for  his dad being greedy and thus losing jobs left and right because his dad insists on masquerading as a contractor despite being just a handyman limited to CA CSLB statutes that strictly limit all handymen in the state from being compensated more than what's left of $500 after materials - I realize I have reiterated with son on several occasions that CSLB limits handymen to $500 per project as the maximum for both materials AND labor per project IS the basis for fairness.I realize being told that the above (current CSLB limits )isn't 'fair' is a huge slap n the face after having given formerly father, and now currently and ongoingly the son for the past 11 months and change, steady work.Perhaps it's a sign of the times where even handymen and jobbers would rather sit around making no money than taking what they feel is 'less' pay than they could be making 'if they were' a contractor?