They want something with a profitable recourse would be my guess. 

Short-term rentals are great when cash flow is strong, but with profit margins shrinking, switching to a long-term rental could add some stability.

With smart negotiations and a streamlined process, we capitalized on the opportunity for a quick and profitable turnaround.

Referrals are by far the most efficient, economical and profitable way to do business.

Buy a property to live in, fix it up, then sell it later for a profit.

Your value is, to provide sellers that don't want to list, with a way to get cash for their house and provide buyers with discounted off-market properties they can buy to make a profit on.I am not saying it is not possible to wholesale from the MLS, but it seriously defeats the purpose.Focus on becoming the person/company that offers the most and best value and you will succeed.

The third, I think I will break even or small profit, but it will be on the longer end of the hold, like 7+ yrs overall.I have not had any additional capital calls.

Having fewer but better properties will be more profitable in the long run.

If it has significant upside value, you should consider flipping that yourself or find a partner who knows what they are doing to flip it and split the profit.

@Brock Bernall As a rookie House hacking is the best for getting started has the lowest risk and best profit for a low down payment option.