They do say they have a one time fee for debt collection and I suppose negative reporting with a 30 day delay and dispute process. 

Every experience I’ve had with a wholesaler has been a negative experience, where they’re clearly criminals masquerading as businessmen.

It definitely feels like there is a negative stigma around it.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Last I checked prices are creeping but not making big jumps causing negative ripple affects.

In my opinion investors buy properties with break even or negative cash flow and hope for large appreciation are taking a gamble.

You have an advantage due to your experience, however low price point markets while often have better gross margins, the net margins can be lower or even negative.

I believe they likely will talk, they share a back deck and am concerned the different rates may negatively impact the relationship if that scenario played out.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Hey Arron, I'm sorry for your negative experience!