The seller will actually work against you trying to wholesale the deal.I think if you're going to seriously try to wholesale, you need to put a significant amount of time and some money into some sort of marketing to try to find sellers.

I'm looking for some sort of document that the owner can sign to allow me the right to negotiate on her behalf.Since the demo is scheduled for April, that'll give me some time to get a 2nd opinion and hopefully more options.

I plan to use a PM after I get all of the issues sorted out.

Keep the best rentals, invest the money from the flips into more rentals, 1031 into larger and larger properties.You can also earn more from your rentals if you self manage.

That allowed me to buy, fix, sell, and use the equity to do the same but with a larger property.So I hate to answer your question with an answer that doesn't really apply -- but if you can get some money in the game (shake the couch cushions, or as friends/family) you have many more options.The other thing is to work hard and birddog properties for local buyers.

I then met my wife, who owned her own house, and we bought a larger house together.

There were also a handful of loans to trusts made by WaMu and a few other extinct banks during the mid-2000's period of loose/cheap money.Title holding trusts, of the sort commonly used by real estate investors in my area, offer first level privacy for investor types and convenience of administration, but no real asset protection.

Start with a single focus and become an expert at that before trying to understand everything.I also think you should hold on to your wallet and get the basics down before you try and spend money on all sorts of bells and whistles...

I'm starting to wonder if it's worth the trouble/expense to maintain that much larger of a house (and a 2-story - 2 AC units) just to get $100-$200 more per month.

The thought comes to mind of encumbering both apt buildings presents a juicy fruit to the bank as they get to encumber all properties involved with some sort of blanket loan.