If its in a hot area can drop this to 3-4%.

If the plugs don't have a slot for the grounding pin then a tenant would have to go through a decent amount of effort to plug something with a grounding pin in. 

The last thing you'd want is someone calling and saying there's not heat or hot water and there's flooding in the unit because your bill would be a lot higher at that point and if insurance gets involved, your rate would increase as well. 

Hi @Briana GilbertIt's probably a bit of a tough time to be a wholesaler, especially as a new wholesaler, because of how hot the market is right now. 

Or, do we just move the property, take advantage of the hot market and step-up basis on the tax break since it was inherited after a death and take the money into other properties. 

Hard money can be very high due to how hot the housing market currently is. 

Yesterday I collected rent from the 4 guys staying in the 2 bedroom apartment that complained about running out of hot water during their back to back showers. 

When you're priced appropriately in a hot market, you may get a lot of calls/showings but only a couple actual applications.Second, it's rare that you receive two or more applications that are equally strong.

so, really quick:The need for a LLC is hotly debated. 

Hot tub yes.