Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

If I had to come up with the down payment, closing costs, etc. it would be tight, and I worry that I wouldn't have enough working capital.Thank you for your help!

There are a lot of great meet ups I can point you to to meet other investors and learn, but the ones I know of are all in NoVa.

Feel free to reach out to one and set up a consultation call.

With that, based on your numbers, I think you should go for a HELOC and I think you should easily qualify for up to $700K as HELOC limit.

Mine does not mark up on maintenance, they hire people and charge what it costs. 

I just want to confirm, I am not opposed to LLC's and have them, but 99% of people set them up wrong by first buying a proeprty, having a loan on it, then just transferring it to the LLC.

You can hire a local real estate agent, contractor, or even a fellow wholesaler.Virtual Assistants: Consider hiring virtual assistants to handle administrative tasks like data entry, lead generation, and follow-up calls.

A lot of properties seem to be up for sale in there to areas, can anyone explain or perhaps it's just me.

My reasoning is.