Quote from @Edward James smith: Hello, I currently own a single family house with an ADU, and a duplex.

A first time wholesaler doing a "subject-to" deal is highly likely to be working with a novice real estate investor who doesn't know what they are doing, and a highly irresponsible, highly desperate, likely elderly seller, who doesn't know what they are doing.

The job consisted of replacing most of the front entrance, which consisted of 3 wood steps and a small platform deck the size of a standard refridgerator with railing. 

And yes, I understand leverage, but what other people don't understand is that you borrow to purchase a house and then essentially have to pay it back one and a half times.

He's an agent with RE/MAX, one of the largest franchises with a great training program and a lot of tools for their agents to use and build a successful business.

Not likely), vacancy (@ 8% for me), and a possible PM (10% normally).I recommend you reach out to a local seasoned investor and have them run your #s with you, as the #s depend on how you manage it (how hands on you are) and also local pricing.

I am a current university student with about a year and a half left, who has been interested in finance and real estate for a long time!

Lau, generally if you are financing with a commercial lender- we lend for business purpose only and a rental property would fall under that category.

Alternatively, yes you could sell, pay taxes on the gain, and use the proceeds to help your mom directly.Would suggest for you to talk to a CPA and a 1031 specialist to confirm your best move!

And a quick search U find they have no license so you know they are fakes without going any further..