Looking for feedback from folks who have been in similar situations and have lessons learned or advice, as I am just getting started and this is literally my first post.Wife and I moved out of our first townhouse and rented it out to grow our family 3 years ago.

It’s great to see you starting your wholesaling journey here in Houston.

Depending on the State in which the property is located, foreclosure starts through a judicial process or a non-judicial process. 

@Jordan Miller most Class A & B rental properties bought since 2021 really don't cashflow from day one.Class B will take 1-3 years to start showing cashflow.Class A, 3-5 years.Current investors keep making the mistake of looking back at deals from 5-10 years ago when prices & interest rates were both a lot lower, but NOT rental rates.

Adding the 1 & 2 bed option is a great start, have you looked at pricing and dropping it further than your peers?

But about 1 year after we bought the property, they started cracking down on the homeless in downtown Jacksonville moving the crime to the neighborhoods just outside of Jacksonville.

.: When I started I moved to where real estate was the cheapest in the country.

Quote from @Brandon Blackmon: These prices will come when you get GCs (licensed, subs, and unlicensed) into the property and start to get quotes.

However, when STOA first started going down the tank, they were negotiating with me on interest because selling them on MLS was a different entity at that time.  

Quick heads-up: Starting January 4, 2025, Pennsylvanias Act 52 requires anyone involved in wholesaling real estate to be a licensed agent.