The biggest problem with this business is that no one wants to operate it on a professional business level.

If things are operational and times are turning, if you feel you can sell these units, go for it and step up to market rents with alternate assets.

If they need help and they can see that you can solve their problem without getting financially involved, they are usually willing to listen and work with you, that's my experience.Professionals are to act ethically, that means directing others down a path that is acceptable, prudent, fair, yet still profitable for the dealer or operator.

I see you're in California, what areas do you plan to operate in?

That will depend on the municipality where you operate.

It's part of operating a business and a gauge of your applicants acceptability.

I live in Greenwood, and I'm the pastor of a small church in Fairland, IN.I'll originally be operating with very low resources, which is the reason wholesaling seems best for me right now.

It would operate similar to a Master Lease but with the potential to be higher as the short-term manager would be basing their offer off of the return they would incur from short term rates.Any feedback is appreciated!

But I am a glutton for punishment, so it only wet my appetite so I kept going onto other deals.To answer Mike's question - I went on to get my Brokers Lic. and took over an existing office as the operations manager, first thing I did was revamp the rental department.

The bank was a small town operation and we had no legitimate experience as rental operators so they were nervous.