So, I believe you may be able to extend the bottom range of your projections.We host a meetup at our downtown office location approximately once a quarter w/ an emphasis on ADUs.

That what wholesalers doSome might be losing their home and might end up in a better situation, so knock their doorsBe ready on how to talk to them, and if they listen, give your price, if they take it they take it if they dont, move on to next one.You dont have to offer dirt cheap, but you can make an offer where you can make money.

Honesty in this regard up front will lose 90% of the sellers..  

Do your homework early and be ready to start the business asap or youll lose money on not having that income for a while

If they run up that bill absurdly high, you as a landlord can be losing money fast if you offered to pay that.

In terms of inspections, this was done right in the middle of COVID, so we did lose probably 4 weeks for inspections, particularly the electrical inspections.

Of course, there are lots of contingencies in place in syndications, but if you aren’t prepared to lose your investment in its entirety and be okay financially, then syndications may not be your jam...yet.

Found it as an off market property after losing a botched deal in a flood plain I posted on the Nextdoor App and the seller was trying to sell it but was on the fence.

I am not sure how hard that would be to do and i would lose the monthly rent at that point. 

If you can rent your side for $1000-1200 then you're losing income on the $850 tenants.