You have prepared financials, and can learn about the strategy and performance of the properties based on many years of combined knowledge that the syndication has, in this case Ashcroft.

Successful wholesale operators spend $10,000 per month and up on marketing /lead generation5.

However, she wants you to qualify him based on her record, even though she is not living there.

The other good news is you ca use the rents of the other units as income to qualify so you can essentially qualify for a higher home price.That sets up your next investment property as you move out its now a 2-4 unit with multiple doors bringing in more income. 

Then they need to get cleaners lined up (and they often have several units turning over at the same time, so that takes a few days) and have to do inspections and then fix things.

I am based in London England but have good mates in Newport Beach and Oakland. 

My advice is to house hack the property that you end up purchasing.

Thank you Theresa, I also suspect that they lied about the three girls who have already moved in, but since they paid rent on time and the property seems got decently maintained (my PM just walk through it), I just want to put up with them, and sign a new agreement which will add the new people in.

Have you done ground-up construction before?

😂Can someone shed some light on this matter?