It was a short sale with code enforcement issues with the city that took a lot of hours to resolve over the last few months and a lot of negotiations with the first and second lien holder to get it down to the current price (I guess a contract at 4.7% of the unpaid balance isn't the easiest thing to get them to swallow) so it wasn't just an easy just an easy purchase.

I've self-managed two properties total, but one was an easy-to-manage white collar condo type deal, and the other is still in my property--a friend, so no hassles there.I've never self-managed in TX, nor do I know the laws/in/outs, etc.

I forget by who, anyways it explained many of the variables of Economics in a very easy to read analogies.

Can anyone give me suggestions on any easy reads on deal structuring for rehabs?

Perhaps that's not intuitive, but as an engineer, you know that what is intuitive isn't always accurate.

I could put down 25% easy, and cashflow all day long.

I'd get my license.If you think it is easy to sell why bother cutting an agent in on the buy?

I know from just poking around here that this isnt nearly as easy as all those seminars and Real estate Gurus make it seem.

Because all the Gurus tell newbies wholesaling is easy you see a lot of very bad deals from newbie wholesalers.

Welcome to the Bigger Pockets, glad that you have joined, you will find a wealth of knowledge, and find that is easy to ask questions in the forum.