Also keep in mind that everything is relative to the general condition of the property. 

I would love to talk to and meet like minded individuals and professionals in the real estate field!

If not, keep me in mind, maybe we'll work together in the future!

Mind you the only way to get to this area is behind my house.

Not trying to discourage you from these type of deals, just want you to be mindful of the challenges you could face coming from my experience and the many investors I personally know.AssumptionsDownpayment: 20%Closing Costs: 3%Amortization: 30 yrsInt Rate: 4.3%Materials: 8% (plug)Maintenance: 8% (plug)Capex: 10% (plug)Makes sense: Purchase Price @ $160k* I hope this helps and makes sense.

In my mind - it's a headache not worth taking.

If you're not in my area, but wouldn't mind chatting...

Mind sharing which bank/financial institution you used? 

I don’t mind doing my own due diligence but if the wholesaler is so far out of alignment with reality (in my estimation anyway) then creditability flys out of the window.

You must settle this in your mind :This is business and there is no room for emotions in business .