Welcome @Amauri Campos, you chose a great market for sure..

I have about a year of property management experience in the Iowa City market through an internship.

I need capital and experience and this was just one way I thought to achieve it, any suggestions? 

Because I have no capital to begin investing my own money, Peter is going to teach me how to wholesale and build up revenue to eventually invest in a commercial property of my own to buy and hold.

Leveraging our strategic approach and market knowledge, we successfully sold the property on the same day for $143,000.

However, something to consider is that in midwest markets, big multi family properties tend to attract lower quality tenants.

No deals are advertised as great deals way below market.

@Eric Lahoda, is it typical in your market to charge fees for those items separately?

I own 23 doors at this time in Arkansas and Northern Virginia, i have been using my own capital to buy units so far.

While that is good for lenders, since the process can possibly be less than 30 days, while other states could take years. it's a hazard for 2nd lien position holders who could not be informed quickly enough to safeguard their principal before the senior creditor forecloses or don't have the capital available to pay off the 1st lien holder to preserve their loan position and avoid foreclosure.