Wholesaling - need lots of time and money, and your area needs to attractive to all cash buyers2.

You might be able to find a more attractive offer.Updated electrical is a prerequisite for me in choosing s rehab.  

Assuming the rents cover your expenses, in 30 years when you're in your early 50s and the mortgage is paid off, and you've done the smart thing by raising the rents over the years (this is Chicago we're talking about, not Podunk, Iowa), you will be sitting on a multi-million-dollar asset that cash flows thousands of dollars per month at the cost of a measly $20k or so out-of-pocket when you were 23.

Those were the main reason why I got attracted towards rental properties over flips or wholesaling.

For the record, I do about 4 flips per year (8 transactions) totaling about $1-1.5 Million in sales volume.

Thank a million for you input.Sincerely Ekaterina 

You can still get a 3/2 in Milpitas for under a million...Good hunting to you,Arlen

Historically this community has been cash-only transactions between buyer and seller but in order to continue to attract new and young members we are looking for possible financing options for these individuals.  

A Million Bucks by 30David Schwartz. 

I'm a young Canadian investor looking to get started building from zero properties to generating either $40,000 monthly cash flow from rental income or $15 million dollars in combined valued real estate in the next 5 years spanning between Canada and the U.S.