Alright y'all, I've listened to podcasts and read books for long enough.

In his opinion the best setup to minimize taxes was a checkbook LLC in an SDIRA. 

I recognize that the CoC return is not as high as we'd like, but it does come with some built in equity (~$100,000)Details:- 3/2 Single family house (1487 sq ft) with a 1/1 ADU out back- Zipcode 78745- Purchase price: $469,900- Down payment: $50,000 plus CC (includes assignment fee)- Seller Finance $419,900 at 3.5% interest; 30 year amortization with a 15 year balloon- PITI $2744.02- Rental comps: $2667 for the 3/2; $1505 for the 1/1 - LTR according to BP (Total $4172)- Repairs needed - minimal, coat of paint and maybe swapping a window unit A/C for a mini split

Feel free to reach out and let me know what your looking to get into or main goals. 

From my experience so far this is going to be a long and tough process.

Would be great to build a small group for zoom discussion. 

Long time reader and researcher new to posting.Looking to use what I learn here to change my life.

What is a good software to use to keep inspection,rent collection organized Thanks

Hello,I am working on getting started with wholesaling and do not mind working with another serious wholesaler of interest.I connected with an agent on Biggerpockets who claimed to be investor-friendly and knew the wholesale strategies but I think I scared them away when I requested a written agreement to get started.I do not understand why people in the wholesale industry like to talk about working together instead of working with a written agreement. 

To maximize cash flow, find suitable properties, analyze numbers, and focus on student-friendly amenities.