Break it down in to singular steps and take each step as they were meant to be taken. 4) Network - If I would have never taken the call from the random dude on Facebook, I'd never have started this partnership where I've learned so much and earned so much. 5) Create processes before you need them - I started building processes out for leasing, evictions, rent collection, and other difficult topics before I bought these properties. 

@Gevin Glines @Bill Gallagher @Dennis Yosco @Paul Meyer Gents - let’s meet during the breaks today or at some other point.

One of the reasons wholesalers get a bad wrap in the forums is that many of them are breaking the law.

I've also done freelance work for FollowUp Boss, and I've been in this type of work for 18 years, with a small break to teach in between. 

Also, everyone’s risk tolerance is different, you may have the temperament to deal with potential riff-raff while others (like myself) do not.The 1% rule is a nice-to-have if you can get it, but don’t let it be your sole “make or break” stat if all the other numbers make sense.

However, some investors give one of the tenants a break on their rent, in return for snow removal and lawn maintenance.

I could put alot more cash down (20%+) but wanted to have reserves to fix anything after the house is purchased or if something breaks a year in (HVAC, water heater, repairs, fences, etc).

@Andrew Graham jerry Norton has a great break down on how to analyze a deal.

Plus, less risky since the space has no tenants now and although I'm confident on the business model enough to believe I will at least break even each month and still enjoy the investment ROI and tax savings, there's always the risk that it won't do better than that or that I won't even be able to generate the break even revenue. 

Wanted to see if anyone would like to do lunch together on Monday or Tuesday during the 12:15-1:30 break in a small group setting.