If you want to be a wholesaler: find a seller and get it under contract for 100k, then email your buyers that you have it for 130k, close the deal and you make 30k2.

What are the market rents for both units?

I don't have as many tips for solutions mid rehab, but I do know that most, if not all, of the very active investors that I know have established relationships with 2 or 3 lenders that specialize in programs that match their strategy and have an agent or two in the investors target market to help them find more deals without having to put much work into finding them.

Thank again I heard the market is still steady so maybe someone can advise better on it. 

If you are looking to do this deal, I suggest looking at seller financing and then having an exit strategy to sell to an all-cash buyer, but personally, I would look at other deals. 

Hi Kayla,If the seller accepts your offer then the offer is contingent.

Have you selected the market, return criteria, etc.? 

Don't listen to proforma numbers on things that the prior owner couldn't do and you shouldn't pay the seller for your future efforts and hard work. 

I'm a real estate agent that specializes in working with investors in a second-home market in the Northeast US.

It seems like you can find Lakefront properties for under 500K and wanted to talk to any investors who own property there to get a sense of the market and what kind of numbers they are seeing.