I would play on the safer side and set aside more for expenses.. those are super high taxes !

It's a great time to be selling, as there is not a lot of inventory on the market and demand is high.

I also hope that if I'm playing wholesaler by doing my own marketing this way, that it would open the door to slightly larger profit margins.

Is it an appreciation play long term?

What do you think the long term play for these REITs are?  

(If they are paying over $550/mo rent they could afford utilities.) you could play with interest and sales price to make purchase less than current rent. 

@Cody EvansI would say your next play depends on how involved you want to be and what your strategy is.

When I think about Wholesaling it seems like a good opportunity on the front end (more possible supply with people moving out of state) but it hurts the back end if there isn't new demand coming into the state to purchase these homes (which makes it tougher for potential all cash buyers)

Johnoson Crutchfield Personally I feel your playing with fire on these high interest loans and would recommend they get paid off.

So I keep the playing field “level”.