I am strongly considering leaving my job to work for a virtual real estate wholesaler.

The midwest is really booming right now in real estate especially in Ohio if your looking for strong cash flow. 

Strong Cash-flow and high demand rental market.

Hi @Ava Miller,The tertiary markets around Charlotte have remained strong for us in cash flow and appreciation.

@Cameron Mertens It sounds like you made a very strong purchase and have already benefitted immensely from it!

Some syndication structure may be in a charging order state and have strong asset protection operating agreements, but most don’t.

I found a lot of mixed opinions and felt best to start a new post to consolidate strong perspective from people that have actually have researched this topic.Scenario: let's say someone owns 5 multifamily properties, each one under an individual LLC.

.#3 Contact Local Contractors for Labor Pricing / Hire a GC to ConsultCall local Subcontractors and get budget pricing for common repairs on your typical rehab project.For example, call a roofer and ask what their average cost per Square of Architectural Asphalt Shingle Roofing would be on a 1,500 sf house, with a 6/12 pitch.Note: Some contractors will be reluctant to share pricing without seeing the property, but tell them you are just looking for a rough budget number you can use on future projects.You can also pay a General Contractor a consulting fee of a couple of hundred dollars (per house) to walkthrough a few properties with you and provide a detailed estimate of prices that you can use as your 'menu for future projects.#4 Compile Your Prices into a Spreadsheet or Estimating SoftwareOnce you start to get a better understanding of Labor and Material costs you will want to store this data into a spreadsheet or software that you can use to help you streamline the estimating process.The Book on Estimating Rehab Costs comes with a spreadsheet that you can use to help you populate your own database of labor pricing and material pricing.

If they've previously been a strong tenant, working with them to help them on their way or until they are back on their feet may be more effective than eviction. 

Also, if you have a strong interest, some schools are offering real estate as a concentration, how great is that!