At current interest rates, the new mortgage would be more than our current home to move into this smaller house.

Here is a solid case study where one property achieved $242k in revenue in its first year through the art of smart design and strategic amenities.What Made This Home a Standout Success?

This is a major reason almost all successful wholesalers deal with sellers directly; i.e., properties NOT listed on MLS or with a broker.  

Purchase price: $195,000 Cash invested: $52,000 Sale price: $317,900 Contributors: Peter Vekselman Partner Driven, in collaboration with Jason Arguelles, successfully completed a fix-and-flip on St.

Purchase price: $25,000 Sale price: $50,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Seth Choate, successfully completed a quick sale on Hwy 49, Dover, TN 37178.

But I think this is just the running rate.

However when he retires and I need a new manager, is there someone who may work for 5% or flat rates when he needs to meet with me or tenants,  and be a part time manager as I have decribed above?

That reason may give you a clue on what your potential success will be.  

Brian,I am a but and hold investor (central ma) who built a portfolio on prices and interest rates of the past.  

Who is giving out killer rates right now on jumbo loans?