Specifically looking at duplex to quadplex investing but am not ruling out single family houses.

Let's rounded to $400/mo/unit to simplify the numbers.That is an income of $1600*12/yr from rent ~= $19,200Now, expenses:Maintenance: $9,600/yr (50% rule)Taxes: Around 1% ( lucky New Mexicans): $1,700/yrMortgage Payment ([email protected]%): $763/mo ~= $9,150/yrInsurance: Around $1,000/yrPossible Cashflow per Year: 19200 - 9600 - 1700 - 9150 - 1000 = (-$2,250)A negative cashflow does not look so good, but here are 2 opportunities to increment it:1) Increase rents.

Just my 2 cents.On that note, how much would you sell Easy St for  @Arlen Chou!?!

It's the 2nd rule of my 10 Rules of Successful Real Estate Investing.Continued success! 

The other part of wholesaling that is a possible red flag is Equity Stripping, AKA Illegal Flipping, this was heavily regulated till a few years ago by lenders, especially M.I. companies, they have relaxed the rules, but was a problem pre and post crash. seeing the increase in this activity seems eerily familiar,  like 2007 all over again. just be careful especially with your license, Disclose Early, Often, and in Writing, My license is too valuable to me to be involved in this type of transaction, so i steer clear. if my entity is on the contract, I am the one closing. period. 

It's cheap, user friendly and most accounting people are familiar with it, so getting help is pretty easy. 

Plans vary so check with your administrator on your plan's rules, but common rules are that you pay the loan back over 5 years with interest.  

It does 99% of what most people use MS Excel and Word, it's completely online, easy to access on your mobile device, etc... and is free.  

LOL.I have 2 rules of thumb.  1.

I know 18% is safe in Texas and Oklahoma.The dodd frank rules that only apply to homeowners or people buying for their primary residence, not investors, are alot stricter than the usury laws from the state itself.