In Glassboro at least, its incredibly ****** market to rent to families, alot like chewing on glass, it may be different for other college towns of course, but Ive had to evict 1 family, and the other, they had a drug operation (found out from neighbors) and a family of 5 plus the family of 3 I rented to living out of the house. 

You could go to a local REI meet up or a local landlord association and get a lease agreement there.Options can be almost as simple as:"Spencer Phoenix grants Doug Pretorius the option to purchase 123 Main St. for $100,000 within 3 years."

Have multiple exit and operating strategies.Stress test and run worst case scenarios.

But no, you will not have to pay state income tax if that property operated at a loss. 

Maybe I'm wrong, but you're holding them to unreasonable standards.In Orange County, 12% of starter homes sales fell through in 2016 - Source - Why should it be expected for wholesalers to operate at a margin of success we don't see with standard real estate purchases?

I know there are a lot of worries but all business models have issues to overcome but with a great PM even the hardest issues are pretty simple for us to work through.I love REI so if you ever have questions or just want to talk let me know I love discussing investing.Best of luck!

From the money side of thing, it makes a lot of sense since its cheap, highly customizable, modern looking and low maintenance cost due to steel frame structures.Once we are done with the first big project this year, the following one will be simple and we plan to do more with right amount of funding. 

I take official control of the operation of my property on October 1st.

We have been ramping up our fix and flip operation and have 5 projects currently in the works. 

Applicant 1: Flaky, plain and simple.