They just walk away, leaving the homeowner with $10.00 and his plans to move up in flames.I've seen others where wholesalers brag about making $50,000 as their (illegal) fee, meaning that they stole that much equity that rightly belongs to the seller.If a licensed agent mistreated a seller that way, the real estate commission in any state would issue discipline ranging from fines to license revocation. 

Got appraisal on Google drive.This is where the challenge stopped, but I wanted to keep taking notes4/28/20217:55 PMSent email to the title company to get the closing time scheduled4/29/2021Confirmed closing at 11 AM on May 4th at the title company4/30/20215/1/202111:15 AMGot cashier's check for closing5/2/20215/3/2021Tyson confirmed Oleatha passed occupancy checks5/4/2021Met at title company for closing, collected keys from vacant unit, applied for AMEX Blue card5/5/2021Began providing checklist items to property management, changed electric/gas in to my name for vacant unit, priced out new fridge/range for vacant unit5/6/2021Provided more checklist items to property management, setup new checking account at local credit union, met with property manager and asked all my questions5/7/2021Sent paperwork to City Water to have service transfered, literally have to fill out a form that is a photocopy of another form... this is why St.

Meaning, out of 4-units in a building, the rents range from $650-750.

As an amendment to the original post, I would say that I have contemplated doing a flip or two to get more money loaded for down payment purposes, as it appears commercial dp's stay in the 20% + range.

Here are some criteria:Neighborhoods: Los Feliz, Echo Park, Silver Lake, Culver City and Santa Monica Bd/Bth: 1/1 or 2/1Max Price Range: $3,000Thanks in advance!

The trade off is that rates are a bit higher than conventional (figure 4-6% range in general). 

I'd be looking for property in the 80-150K range and like @arron suggested rent out one of the rooms, or if your market supports it, buy a duplex. 

My buyer client is wanting to get a single wide that has been built onto.

For my rentals -- definitely mid-range -- we remove popcorn and have ceiling fans in every room.  

@Seth Marcus Whats the price range?