A problem I have run into twice is that there is not proper pitch to the balcony which leads to water working its way towards the exterior cladding of the building where your units are.

One of my pitch points was my experience as an adjuster (inside property and CAT) and my ability to write an accurate repair scope and keep contractors in line on repair pricing.

The ONLY option is to raise rents 3%.Am I missing something, or is this indeed a sales pitch?

I'm not in a position to buy and hold or rehab just yet which is why I want to start off slow, try to close some wholesale deals even if for minimal profit.

Then the rent from the two additional units slightly decreases rent from the existing building portion to maybe 1600, but then I get 1500 for each of the two new units for a grand total from the completed building of about $4600/month against total costs of about 1600 per month (not including fix-its, but most of the building is new so this is minimal).

Don't know what @Mike Hepburn is pitching but it does not sound unreasonable for him to not want to work with a guy who doesn't want to "invest" even $300.If your not willing to invest $300 how serious are you?

If its just your cash then your holding costs are minimal.

Not everything we read / listen on the web is 100% accurate, but to some extent his pitch might help people understand what's happening on global scale to think through and adapt/adjust their investment strategy if necessary.Any thing that we could learn and apply as a RE Investor?

Mostly my motivation comes from the fear of "settling down" with a safe job, a mortgage and a minimal retirement plan.

It's going to work out well once I get a good 15 second elevator pitch established.