@Josh Uhlenkamp - absolutely agree about paying for skill and convenience.

It's a gambling term called ratholing. 

Might not be as Convenient as Woodstock / Kennesaw area.

Hoping is gambling."

I believe they work in all of Florida so you get one stop shopping convenience.

Some wholesalers are just picking cheap properties off of the MLS, gambling they can sell it for more before their contract expires. 

If we wait another two weeks, we think of that as losing something like $750 so it's also a bit of gamble where not getting the final amount is a bit of a wash anyway but at least they would owe it and it's on a contract where if we waited, it's our loss entirely. 

I'm young enough where I think I can take the gamble - worst case, in 5 years, the rents will eventually cover my mortgage as rents rise and inflation occurs.

I love the concept, but it really feels like a gamble on the market not dropping hard at any point.

If a Cost Segregation Study had not been performed on this $2,000,000 Retail Convenience Store Property located in Fort Valley, Georgia that was purchased in 2020, it would have had first year depreciation of approximately $51,200.