Never done a wholesale. but i know the very basic. 

@Lane Kawaoka,For those folks who just make enough to pay for their basic living expenses (as you said "you need to eat today") contributing to a retirement accounts would probably not be a good idea.

My basic assumption is that I must consider the premium on a rental property above zillow's estimate price as the "rehab" cost in the Rental Property Calculator.   

I’m a relatively new investor & I was talking to some buddies and they basically told me to avoid single family like the plague because if one person leaves you’re at 100% vacancy.What do you guys think?

Basically, it just states that you need to give "reasonable notice" which the attorney told me is typically interpreted as at least 24 hours documented notice.

They basically lived in squalor and I would have to demolish at least 60-70% of the house and rebuild.An investor called me today and said that he will buy it off my hands for $70k.I am not a flipper.

The Lender Said:  "A $850 payment covers borrower's credit check and basic administrative costs before a loan transfer will be initiated.

You’ll learn all the basic of owning rental property with a pretty minimum exposure.

Here are the basics:* 13 units today with significant cosmetic and infrastructure work required throughout.* Part of the rehab includes building out 4 additional units in an old common area.* We're 5 months into rehab, and we plan to begin renting the first completed units mid-Sept.* Overall timeline (including build out of new units) runs to late 2019.* In the end, the #'s pencil, but capital available for rehab will likely result in slower progress toward until rehab completion.And now the question(s)...1) Does it make sense to refinance at some notional midpoint in the rehab? 

Think of it like a credit card....because that's basically what it is....except it's against your home.