Private Equity Funds have raised substantial cash to invest in markets such as Phoenix where the gap between new construction pricing and existing home pricing is large.

Not towards accusing, judging, or belittling with no substantial facts or information other than conclusions that the accusers have conceived for themselves based only on their own past experiences?

Many times that don't or shouldn't influence the tenant selection process, but still can lead to problems.

For property #5 the reserves for each property goes up substantially.

The owner/agent status must be revealed "before substantial negotiations" occur.

But if you want to gain income from appreciation as well, unless you are able to substantially raise rents on your units, SFR is a better investment.As for tenant quality, right after my divorce, I had to live in a very large apartment complex for six months.

If you plan to just resell without doing any renovations, it's unlikely that FHA or a conventional lender would allow the deal to go through (it wouldn't appraise and/or they'd require substantiation for the price increase).If you plan to do the repairs, and if the property appraises for $95K after the repairs are completed, you shouldn't have any issues.

They have yet to realize that most potential buyers are influenced by their first impression of a home.

Ok so I've saved up a substantial amount of money to start wholesaling.

Don't let asking prices or other offers influence your decisions (except the knowledge that there are NO other offers and you want to take the risk of offering less than your strike price hoping to get it for less).