Read your landlord tenant laws to see if you can charge in AZ.)14 days seems tight, make sure that's correct.Change the locks as soon as you have possession, and take a video of your initial walkthrough from the time you unlock the door until you've gone through every room.

You can find "last year's" model at a discount in many places, but remember that it has a shorter supported lifespan.

He is a quiet guy that keeps to himself so other than this issue he is a model tenant.

I envy you and wish I even had an instrest in such a challenging but rewarding business model at such a young age.

Isn't that the business model?

My plan was to take my sale proceeds and buy a number of cheaper properties in less competitive markets, but if I could keep the home in MN and make competitive returns it would be a no-brainer to keep it, assuming it doesn't become another full-time job.My hope is to gain some perspective as to whether this is a good idea or not - and rather than a "yes" or "no", I'd love to hear your perspectives on how to model it out for myself.

I also host some solid networking and skill development events with my facebook group for investors:facebook.com/groups/WAREIWe have a happy hour coming up March 1, and I'm also teaching a 3D modeling class for investors a week after that.Check us out! 

there are a few in the Seattle and portland market that have this model.. you deposit your 20% with them then they bid.. they charge a % of winning bid.. they then also do the HML.. my exprience with these guys though is investors many times make little to nothing and they make a killing  !!!

Wholesaling is a terrible business model.

Anyone else experiencing this or have built a successful cold calling model?