Found a potential deal. 4 Acres SW of Raleigh about 30 minutes from downtown. 

Some additional posts for your series:How you ID potential purchases?

For this example we will use 70% For this formula you will need to know the following:ARV=After Repair Value ( How much will the house will sell for after making all the repairs needed)Repair Estimate - (Send me a message and I can send you a list I got from my mentorship class for ball park estimates based on square footage and depending if you need cosmetic repairs, avarage repairs or Extreme repairs)Your Assigment FeeARVx.70 - Repairs - Your Assignment FEE = Max OfferExample$200,000 x .70 = $140,000 - $30,000 (repairs) - $10,000 (your profit) = $100,000 (offer)Your potential profit is $10,000 I hope this formula helps you make offers that will make sense for all involved in the transaction.Happy Wholesaling,Lily Rodriguez - Investor friendly Broker

But turnover potential should be less in a transient area with a strong job market.

My point is look ahead to potential impacts.  

This tool helps real estate investors focus on their goals when analyzing potential real estate deals.The buy box can consist of standards that are important to the investor.

Potentially developing short term rentals or selling plots of land from this property. 

Where do you expect to see potential cash flows vanish?

Overall real estate syndicates is not for everyone because you have to realise that you may have very limited control over investment, fees and expenses the syndicate, potential for conflicts of among members.

As my real estate investment experience progressed, I couldn't help but notice a thirst for knowledge among potential investors.