There were about $9K in back HOA fees due but the profit margin was so high that was no big deal. 

I am seeing more and more investors having difficulty selling their property and refinancing them since they are highly over leveraged. 

So, if you are buying in lower end areas or an area that is harder to attract high quality tenants, you will likely have more vacancy due to fewer qualified applicants and often time wear and tear that can be fairly expensive with each new tenant.

The best I know of (and we can do this) is 15% down, but even then in this high interest rate, high tax, high insurance environment it's really hard to get a property to cash-flow positively without putting a lot more down.

They took almost a year to rehab it and it's been sitting on the market at a high price since then.

The challenges include - Interest rates - that are as high as they have been in 20 years; property values - which have doubled and tripled in the past 3-5 years.  

For instance, I thought some of the purchase price for the properties were way too high above retail, or the rehabs weren’t very nice and didn’t looked rehab at all, or they were renting at well below the 1% rule etc.I took a look through Antoine's inventory and found the purchase price of their homes were in my sweet spot: $60-100k in markets like Cleveland, Memphis, and Birmingham.

I was using PayPal, cause instant and no bounce but really high fees

The wholesaler had it priced too high as he used comps from March.

Building the right team of strategic partners is key to effectively completing development/new construction projects.