Investors with the ability and confidence to walk into a property and accurately estimate rehab costs have a huge advantage in this market, but it looks like inspections periods are becoming deal killers – at least in hot markets.Are inspection periods killing deals in your area?

Used to happen all the time during due diligence period of company mergers.

In my experience, private lenders usually charge a loan origination fee ( 2%-5% ) and monthly interest-only ( 12% annualized ) payments for a specific period of time.

Good luck whichever way you go.As an alternative, you could check to see if either of the tenants have the skills and talent to fix up the units and you could then set the rents to market, but give them a credit for the increase to fix up the properties over some period of time.

A good portion of people who attempt wholesaling fail and stop after a certain period(not to say that this will be your case).My question is that since you are a CPA with 10+ years of experience, have you considered focusing on your job to see if you can make more money through that avenue?

I wish I had that self awareness when I was 19 but I none the less started the journey myself and even though it’s been a short period of time, it’s been so much fun.

@Brandon RauscherPro: Long draw period (typically 15 years).

I’m not overly concerned for a 5 day waiting period for the funds to show up, but I would like to have tools available to me as the landlord to see things like the payment is in process, payment history, etc.

Since I am not taking out a loan to begin with is there a seasoning period still or can I cash out right after I get a Tennant in place?

My best suggestion would be to seek full time renters if you can however after this period of bookings has run out so the house doesn't sit vacant - keep some cash flowing in at least.Hope that helps some!