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I discovered wholesaling in 2017 - changed my life.Wholesaling real estate is the process of:Finding a distressed asset Putting together a great dealGetting that deal under contractSelling your interest in that contract via an assignment agreementIt's an incredible business model If done correctly.Best of luck

Hiring a real estate attorney will probably be necessary for items such as the purchase contract.

Maybe this is in the owner's expenses already, but if not, that leaves $62/mo for everything else, while still maintaining $540 of free cash flow.One of the biggest items that should be easy to figure out is real estate taxes.  

@Josh Coder - The rent by the room model works in a lot of cities so I could see it working for college students.

@Kallie Cornett, what is the age and condition of the major items in the house?  

I also redid the bathroom with help from a contractor on some items plus I had the kitchen redone in a high value way.

This includes four big-ticket items:1.

The main items ypu want to focus on now when running your calculator is the debt service (mortgage), taxes, insurance, maintenance, Capex (if property is in excellent shape and doesnt need any major improvements then this figure does not need to be quite 10%), vacancy (talk to PM), landlord required utilities (if any), lawn care snow removal (if applicable).

Given syndicators and syndication investors increased confidence in how "easy" it is to make money under this business model.