I'm looking to get into wholesaling and some fix and flips, I'm currently working at a warehouse building Honda seats and also have a part-time job at Home Depot in the paint department .

He says that as long as the financials look solid, and the house is in pretty good shape, he's comfortable holding the note.  

I have a full time job that supports this....I can afford to buy another few of these over the next 5 years and hopefully fund a comfortable retirement...which really won't be because I'll be dealing with all these smaller rental houses :)The other option is to buy a portfolio of these homes from other investors - there are a ton of them out there as "package deals" where for $425,000 you can buy 6 at a time or so.

If you want to unlock some of the equity you drop in the house do Heloc on the new house.Or seat on the cash and wait until the buying market comes back around...

It is comforting to know BP is a safe haven for all questions dealing with RE.Does anyone have experience pulling permits for additions that have already been made?

There are so many ways to invest in real estate, you just have to find what you are comfortable with an stick with it.

I am comfortable with the tenants in this market.

I will have to get another income stream going...or at least secure the largest aspect of retirement comfort early on.

Big risk, big potential reward if purchased and managed properly - and if you're comfortable long distance fully managed I have a couple in mind, pm me.If only based upon your 2 options, I'd go with the MF - less capex with a single roof, single exterior, etc. than going with 8 turnkeys @ who knows what class.

I would be much more comfortable with a fee structure similar to the following:Listing Fee = $50Showing Property Fee = $50 a showingApplication Fee = $20Background/Credit Check = $50Maintenance Issue = $50 an inquiryIf I had the property shown 4 times with 2 applications processed I would owe $340.