For example, when you pay for that roof, you're probably in the red $3000 that month.If you have a P&I payment of $350 on that house, your cash flow falls to $150.

I wish I had someone who could have provided some guidance on the grass roots of starting from the bottom.

I'm new to wholesaling but I'll give you a back story to allow you to kind of gauge my experience when responding.I graduated from the University of Nebraska Lincoln (GO BIG RED!)

Big box realtor companyI was with a company like this (red...) and left pretty much immediately.

The MLS has pretty much dried up out here so I’m going grass roots.

Possibly because they tend to be larger families looking to build roots in a community or school district.EXIT: Next, consider your exit strategy.

I would recommend you to call an expert on this because they can tell you where the root is.

I'm hoping he can help me spot some red flags.

There is more paperwork and red tape but it follows the same process every time so if you learn those things, you can be highly successful.And the added layer of leverage & accountability more than make up for it.I see landlords hating Section 8 for 2 main reasons - bad tenants (which you've mentioned, can be dramatically reduced through meticulous screening) and bureaucratic headaches (see my advice above).Good luck, I've written a few blogs here on BP about succeeding in the niche, in case they're helpful to you!

The housing market is red hot and will remain so as long as rates stay around 3%.