So I don't see that big of a lifestyle difference between doing what I do and being self employed.

A stinker, in my book.Now, if you self manage, you will EARN a chunk of that 50% that would normally go to the PM.

Most people want to see that you have done some things, and are enough of a self started to get things going the right way before they open up.

We buy class A properties that we self-manage.

. $1,650 I paid myself out of a $3,000 wholesale assignment and thought I could pay self-employment taxes like I would a schedule - C.

Suffice it to say, most of our due diligence was done prior to putting in our offer and we were very confident that we would move forward had our offer been accepted.

I would like to know how many total hours a good self manager is involved in coordinating handyman, placing ad/signs, handling emails/phone calls, verifying employement/references, showing properties, movin in walkthrrough, chasing checks and etc...

So, if you're willing to self-manage and do it for free, you can drop the 50% to something like 36%.

Wholesale buyer can be comfortable and confident in the transaction as they are the buyer all along, no deed transfers, no entity transfers, no non refundable EMD needed.A trustee needs to be a person.

I have no experience what-so-ever in this field, but I've read several books, done some research and have developed the confidence to start!