Bikes will last a few years at most, less if you are renting bikes with gears.

And there were only 12 FHA 203k loans done last fiscal year in Oklahoma City.

Wow - quite the conversation going on since I dropped into this thread last.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

If Toledo was great we would have been doing business there the last 10 years, 

The city has been going through a ton of revitalization and investment over the last ~10 years and folks are starting to catch on.

when was the roof last replaced, bathrooms, kitchen, and floors. 

The owner is getting out of the business due to age, (76 yrs old) and in the last 7 years he has gone from managing 135 rentals down to 45 because he can't keep up.

The properties were fully rented and totally rehabbed last summer.

I believe there are less than 1,000 people in this country who earn more than $100K in profit wholesaling over the last two years, and even that's hard to accurately pinpoint, because most wholesalers, excluding the folks who sell expensive courses, tend to have larger holistic real estate businesses, that include flipping, hold, private lending, turnkey rental sales, construction, and other related businesses.