If you have the hustle and marketing budget that you need to be successful as a wholesaler, then you should be able to kill it as an agent.

They dont like getting there truck window bricked bc someone stole something out of it like a power tool to sell on the street.

Budget is under 200, duplex or SFR, need cash flow and some appreciation.

So lets say you buying at 8% cap rate and now will try to increase you should budget in year 5 a reversion cap rate of 8.75% or higher and 1 to 2 years of some stangnant rent growth or none. 

Hopefully you come in under budget and hit a home run.

Budgeting between 7 and 12% is proper.

-if prices do not rebound we will need a plan beyond that and it will not be pretty-this can and will hit the rental market in a variety of ways and here are a few potential issues i see.1. higher end rentals could see prices drop or vacancies increase as this type of downturn could hit middle to upper income families that have not budgeted or who see their jobs or incomes decrease as companies tighten their belts and cut salaries or even lay off more folks.2. low income rentals would see more evictions and more late rent payments and potentially small decreases in price - while many of the low income families in town do not work for the oil and gas industry they do often work in service industries that are frequented by oil and gas folks or depend on programs that are subsidized by oil and gas money in our state budget. 3. property prices and values - prices are being driven up on investment properties mostly by out of state investors as there are very few areas where you can get a "decent" property for under 100k and we are still one of them. 

I usually budget $30-40/unit/month.

i did budget 1200 a year (way under than i should maybe)  so im sure im missing stuff do to the fact im new to this. 

My capex budget includes roof  year 25 life span, floors 10 year life span, appliances and hot water heater 12 year life span, hvac 20 year life span, bath and kitchen remodel 20 year life span.