Building up to a million is most likely over time...Or, reinvesting profits could easily build wealth...but not likely to literally make a million from wholesaling alone.There is no doubt however that it could offer some significant income on its own if you do it full time or add a very nice supplemental income as a second job.

I will naturally either build this into the rent or, if possible, pass it along as a cost (and benefit) to the renter.

Another tenant calls the utility to report the smell of natural gas.

From our example if either spouse does not notify the other spouse of their income amount, as well as nature of the income they are penalized with claiming the entire 100% of the income.

Certainly not a situation of a plural nature.

I know that's a very broad question but I'm curious to know which strategies you have found to be most profitable.I am naturally leaning towards fix and flips because of my numerous contacts with contractors that I know are reliable.

There are essentially two types of insurance you look at for an investment property (in addition to your own personal liability insurance):- Landlord Policy- Builder's Risk PolicyThe landlord policy will protect against damage from tenants, vandals, some acts of nature, etc.

I think the only option is strategic default but its not in my nature.

Originally posted by Ted Akers: I was under the impression that GSE's (FNMA and Freddie) had to participate and that it is an opt-in program for the banks.First page, last paragraph: This Supplemental Directive provides guidance to servicers for adoption and implementation of HAFA for first lien mortgage loans that are not owned or guaranteed by Fannie Mae or Freddie Mac (Non-GSE Mortgages).

Create natural flowing beds that carries your eye to the front door or to another focal point of the house if you prefer not to use the front door.