Asking price: $245,000 - reasonable for the areaEstimated Monthly Rent under current leases: $2500.00 - on the low side of the range for the area but the tenant base is long term and stableAnnual Taxes: $5000Annual Insurance - Unknown/information requestedUtilities - Unknown/information requestedBuilding Owner pays for alarm monitoring,electric and water bills - have asked for monthly cost averages but do not have yet.Individual tenants pay their own internet and phoneDescription: 2400 sqft, brick building with a 10 space parking lot, good location Known upcoming repair is HVAC for the downstairs (est $5k), upstairs HVAC has already been replaced.Thank you for your time as well as your opinion on this deal, recommendations for additional questions, additional information etc. 

But I am familiar with other exit strategies depending upon the market and deal. 

That really depends on your comfort level.

I buy a lot of properties in Metro Detroit and I've seen deals like that but those are in neighborhoods that I feel like I should be suiting up in full combat gear before I get out of my car.Realistically in C+ neighborhoods you should be getting a Net ROI of around 12% possibly lower and possibly higher depending on mistakes that are made and what kind of luck you have. 

its suspect for sure.private money is just that some person you know .. not met on line .. trying to find private money on line is no more or less than internet dating.. who knows who you are meeting.any lender that wants points and super low rate is suspect on its face.. just not the real world..

Eventually it would be full time once income is up enough.I know it can depend a lot on the market and area, I know it can depend a lot on what types of tasks you can automate and it will be systematized at some point but at first I will be doing all the work.Another question that I think is important is if you had to pick a average number to shoot for what is your average profit per wholesale deal, 3k, 5k, 10k?

And it also depends on the experience of the home inspector as well. 

Possibly, depending on more details. 

So depending on what she's doing I'd say minimum wage would be an insult. 

I know that even attorneys may have differing views about various subjects, depending on who you talk to and their experience.