After reviewing the cost to rehab and the area of town, I decided to Wholesale for a quick profit.Sold it on a Real Estate Contract (Owner Financing) with $100k down, the balance is financed at 10% for 13 months, then the loan is called.

Post it in the Classified and you'll get all the Cleveland PM's reaching out to you.

This is an astute observation that distinguishes between "mom and pop" landlords and large operations I can see how economies of scale can help, for example if you have 100 units and two have economic vacancy, it's not the catastrophe of owning a 2 unit and one half goes economically vacant.Nonetheless, is there a reason that small scale operations can't buy at a deep discount while large operations can?

Estoppel letters are signed by each tenant and counter-signed by the owner as true and correct.

I've just finished my fourth house and am now venturing into short-term and long-term rentals. 

Does anyone have a title companies that they use for Sub2 (and Wrap) deals here in Central Florida? 

Purchase Another Investment Property and Utilize a Cost Segregation Study:When you reinvest in a new investment property, you can perform a cost segregation study to accelerate depreciation.

Quote from @Taylor Dyer: @Nghi Le I would love to hear more and connect!

Charleston SC and Portland OR. if its a presale we require 10 to 20k EM on 700 to 1 mil purchase none refundable and released once we go vertical.

I started my MTR journey with a multifamily property as a LTR and slowly converted it one unit at a time and was really happy with that approach.