You qualify as a Real Estate Professional (REP).Keep in mind that the big play is accelerated depreciation to lower your tax burden which in turn increases your cash flow for that year.

Sellers Info-Main interest: minimizing capital gains/taxes, preserving estate for his kids-SFH free and clear, no mortgage, purchased 30 years ago for ~$150k-Currently acting as landlord, very likely doesn’t want to continue in this capacity My info:-I want to cash flow the property now -I want to purchase the home now or in the future Property info-No tenant, rent comps $2600-2800-Current comps of $290k-320kI don’t know the sellers full financial picture.

Many midwest markets still have a rent to price ratios that cash flow so thats why I keep buying there.

You get all the benefits - cash flow, appreciation, tax advantages - without all the headaches.Anyway just my two cents, wish someone had introduced me to this format of investing alongside a group of other investors when I was first starting out. 

Understanding cash cycles from different marketing channels will give you a better understanding of which path will be best for you to pursue.Outbound channels are getting more and more regulated as days pass, so I recommend diversifying with different marketing channels so that when one gets shut down, your business doesn't suffer significantly.

The only good wholesalers are running a big business with big marketing budgets and smart outreach, as well as actual cash of their own.

And how're they cash flowing compared to other parts of the Indy area that you manage?

There are some that manage to find the money and the deals quickly when the market is just right (and they have plenty of cash), but most success is built slowly, over time.Increase earnings, reduce expenses, save up, invest.

Purchase price: $850,000 Cash invested: $15,000 Bought on owner financing on a 5 yr term.

I am often amazed on larger deals when buyers send in cash offers with nothing more than an LOI or contract offer.