You already noted this in your own analysis.Just using these simple rules, you should be able to tell that these numbers are not where we want them.To make this deal work, you will need either a significant discount on the purchase price, or have some way to substantially increase rents (or both).But remember, your goal is not to fudge the numbers to make the deal work, your goal is to find the deal that fits your numbers.

Email body:  We are working with a cash buyer that is aggressively looking to buy several properties and can close quickly on properties that fit the following criteria:1.

I don't have any problem buying from wholesalers if they hit my numbers, I'd rather spend my time fixing and selling houses than chasing down sellers, plus as a rehabber its not easy to turn the marketing on and off to fit my cash position. 

If you will be renting in an higher income neighborhood, then the qualifications  that you mentioned may tend to be more obtainable in finding, but if you take those same qualifications into a lower income neighborhood, then you may find yourself not being able to find tenants that fit that criteria that you have set.

So I am looking for a new general contractor and/or subs to make sure I have a back-up and a back-up to the back-up if need be for my projects that need rehab.I vet the ones that seem like a good fit from as many resources as I can find before I give them a call.

I am also looking to find some properties to rehab and sell in the Raleigh area, but I haven't found any that fit my criteria yet.

I was looking for a system that could be better than my hobbled together platform (Peachtree accounting, Excel spreadsheets, Rentmatic ACH, mySmartmove screening, etc) Haven't found the perfect fit but Buildium does come close.

@Steve Rozenberg: This method will really be helpful filtering out agents that may not be a good fit for me.

You can structure the partnership however you see fit for yourself and your brother.

The City of Toledo in Lucas County allows up to 4 tote cans to be supplied to an address, so the building has been conditioned to fit their garbage into a specific volume and anytime I have a renovation or move out I have my crew move the debris to a dumpster located at another unit.When we inspected the units we found that almost every unit had a corner of large debris that wouldn't fit in the dumpster, some had bagged garbage staged for placement inside the trash cans when they were next emptied (which contributed to my bug problem).