One thing to watch for and to consider with your numbers are the taxes in Hartford, they can be very high!!

And, most importantly, very easily avoidable.

We chose the one on one because were overwhelmed with everything that kept getting thrown at us ( business credit, Tax professionals, call flows, marketing ect) and I knew all I needed was for someone to hold my hand for the first deal. ( that's what the sell factor was during one of the weekend events, was that the one on one would stay until I signed our first deal).

If the wholesaler is assigning his contract to you, then GENERALLY you are paying for all closing costs and depending on the state you'd be paying for all the property taxes or prorated taxes UNLESS something in the contract stated otherwise (rare).If you're the end buyer and the wholesaler is looking to close GENERALLY they will pay for their closing costs with them as the buyer when they were direct with the seller, and then you'd pay your closing costs when buying it from the wholesaler "same" day.  

You should avoid it if you want to amplify your wealth.Here’s what to do instead:Successful investors own nothing outright. 

You don’t pay any capital gain taxes.  

Asking $620k Debt service $4,352/m (10% Interest, 30-year amortization, 80% LTV) Taxes ($1033/m), insurance ($833/m), maintenance($1000/m), property management ($2400/m)Total - $9,613 (very rough estimate) Cashflow with 70% occupancy - $2,387/m (Cash flow pro-forma with adjustments $7,000/m+)What am I missing? 

Their 10% cap rate valuation was even less than the town’s market appraisal to determine property taxes.

i would be purchasing the property with an FHA loan. and im also looking for solid cashflow + long term holding I think house hacking is great way to get started, especially here in SC so you can take advantage of the lower tax rate.

I pulled a list of tax delinquent properties in my area.