@Viral Mehta While self-management is definitely feasible, it does come with its own set of challenges, especially when managing from an international location with significant time differences like India.You’ve outlined the major tasks well, but there are a few additional considerations:Vendor Relationships: As a property manager in the Dallas-Fort Worth area, I can confirm that having established relationships with local vendors can significantly impact both the cost and quality of maintenance services.

I am by no means an attorney and to my limited knowledge I don't know of anyone who has gotten "caught" with the new illinois law, but my understanding is that you can not "Market" (aka sell side of wholesale) more than one property per year.So if you had a licensed agent do the "marketing" of the property once it's under contract then you should be in the clear.You can of course double close, but the law is more specific to the marketing of the property vs. how it's closed.My suggestion @Andrii Sazhnev would be to find another wholesaler who has their broker's license to work with them while starting to get your license...in my opinion (if you have the time) it is worth it for anyone who is doing real estate full time to get there license - simply for the education and MLS access.

Additionally are 7% mortgages worth it?

If a deal meets or exceeds your predetermined ROI threshold, it may be worth pursuing.

It's worth doing right if you are going to do it.

  %80 of commercial property is typically represented by %20 of the brokers- Just call those direct and you have data on %80 of the market.  

When I was on planning board that was typically the one thing we would not negotiate on.

Typically, if we are in a situation where the loan amount exceeds 75% of the ARV, the borrower has to bring additional money into the deal. 

DSCR loans typically do have a PPP but if it kicks only when payoff in full or payoff of over a certain % would depend on the terms in the note, and would be different on the many DSCR programs out there. 

Make sure you don't go too fast and keep the proper reserves, but start to get that snowball rolling downhill rather than paying the first one off.Returns on real estate without leverage just aren't worth the hassle.