-i searched on google maps and it has this amazing feature that allows you to see the street in "3D" so with the mouse on my computer i "drove" around the neighborhood i would like to wholesale in, (where i think the best deals FOR THE BUYER) will be, not for my personal gain. with wholesaling, when doing research on properties, its easy to get excited about what you can potentially make, but anyone who has read "think and grow rich" knows that any profit is a reward. my motivation for wholesaling houses in the "hood" is because it is my home.

This leave you at $2,000-10,000 dollar profit which is still good but charge a upfront deposit of $2,000 and get $2,000 on the back end at the closing table that is $4,000 dollar profit plus a easy flip to the buyer. 

Not sure how the non-market place forums work as far as collaborating, my previous post got deleted because I didn't follow the rules.

A condo is very easy to manage from far.  

based on rule of thumb 70% of ARV - rehab costs - wholesaler fee, give or take. 4.

It's easy to see that you can't on negotiate on behalf of your client - against your other client.

All in all, the previous owners were incredibly easy to work with.

If you bought it right and have a solid purchase-to-rent ratio (1%, 2% rule) you should be just fine.  

@Dane FitchTo learn about the solo 401k loan rules, see the following IRS website. https://www.irs.gov/retirement-plans/retirement-plans-faqs-regarding-loansTo learn abut the prohibited transactions rules, visit the following IRS website.https://www.irs.gov/retirement-plans/retirement-plan-investments-faqs

The internet makes it pretty easy.