Otoh, the management fees would eat up a significant amount of cash flow.  

(Honestly, I don’t know why she wasn’t institutionalized before)Well, I was her check custodian, so when it came I took her to the check cashing store to get it cashed, then to the electric company to pay her bill then groceries.She was in a particularly lucid mind frame so I told her that we could stop somewhere and grab a bite to eat.

Covering for jobs where I have to eat materials, and it happens to even the best of contractors.  

Both short sales and underwater sellers are of NO VALUE to a wholesaler.You need to find motivated sellers with SOME EQUITY where you can make THEM (not the bank) an offer, get that deal under contract, and then assign that deal to one of your cash buyers.Short sales are negotiations with BANKS and they (and the agents involved) will eat you alive because you don't have money or their level of expertise in real estate.  

If it doesn't eat any hay, it's a good deal. :)

I would recommend staying away from owning condos as the HOA fees eat in to your profit.So far I've only been to Houston.

Were going to eat them in 18 months" (and we did) I'm going to try to keep these houses at an arms length so I'm not personally offended every time I have to replace the carpet. 

If you want to meet for a pint and something to eat, then some time in the 4:00 to 6:00 p.m. range.

You can put it as a marketing or consulting fee, otherwise you would want to do a double close, but then that eats into your profit from the interest and points on the transactional funding or hard money.

I have combed through a lot of articles concerning vacation rentals and the majority feedback I see Is it isn't profitable, PM eats up most of your income, Your lucky to break even.