@Thomas Jackson the idea is to take the upside delta between the sale price and the preferred return for the investors, then also maintain a stream of passive income for the Principals.

Win-win runs in our blood.

You have multiple streams of income coming in.

The idea that there is a little upfront cost drew me into this revenue stream and it can help me get into other revenue streams of real estate I’m hoping wholesale real estate will generate a secondary income that can match or become greater than the primary income of my full-time job in 2-10 years.

As for your questions, here are my thoughts:When it comes to finding a CPA, I believe that it's important to find someone who specializes in real estate, rather than just going with whoever is currently managing your highest income stream.

Taxes: $550/mthInsurance: $300/mthMortgage P and I (assuming 80/20 loan with a 10 year arm at 7% interest with a 30 yr amortization schedule): $3166Utilities (including lawn, FPL, Water/sewer, Pest, Internet and streaming): $500Miscellaneous: $200/mthTotal Monthly Cost: $4716Revenue projections from January 1 through August 1 (at which time you will take it off the market for 4 months to build a pool):January: 95% occupancy at $350/nt = $10,307Feb: 95% occupancy at $350/nt = $9,310March: 100% occupancy at $350/nt = $10,850April: 95% occupancy at $325/nt = $9975May: 60% occupancy at $200/nt = $3720June: 75% occupancy at $250/nt =$5625July: 75% occupancy at $250/nt=$5812Total Revenue: $55,600Mgmt Fee (25%) = $13,900Total 7 month expense: $33,012Net Profit: $8688And here is the Annual Revenue projection with pool beginning December 2023- December 2024:December: 75% occupancy at $350/nt = $8137January: 95% occupancy at $450/nt = $13,250Feb: 95% occupancy at $450/nt = $11,970March: 100% occupancy at $450/nt = $13,950April: 95% occupancy at $425/nt = $12,112May: 65% occupancy at $280/nt = $5642June: 80% occupancy at $350/nt =$8400July 80% occupancy at $350/nt =$8680August: 65% occupancy at $300/nt = $6045September: 50% occupancy at $250/nt =$3750October: 55% occupancy at $250/nt =$4262November: 55% occupancy at $260/nt =$4290Gross revenue: $100,488Gross Expenses: $81,714Net Profit: $18,774Annual Mortgage Principal paydown in first 10 years: $7K/yrTotal average annual gain beginning with year 2: $25,774

When a decent one hits the market, it's a blood sport to buy them.

Fire, flood and blood is an easy way to put it for them.

A good long-term secure income stream at 6% or so is 12 times more than they get from their bank.

One of the things I've been thinking about is how to lower our taxable income, and build another income stream.