Once you find out one is unreliable, don't waste time arguing with him or setting up additional visits to fix what he didn't fix the first time. 

.#1 Save your money for a down payment on a property which will allow you to live in as well as bring in some additional cash for your real estate journey.

@Jenny AdelWith the size of your portfolio plus additional PM duties, you should be able to qualify.Unfortunately, there is no defined list of what time does or does not qualify.

I will need to put 25% down for the loan and will need to show 6 months worth of expenses in additional funds but beyond that should I also have $X set aside for the first year's expenses?

Recommendations based on personal experience would be highly appreciated.Also, if you have additional info / best practices you would like to share regarding homeowners insurance that would be great.Thanks, Guy

@Nathan Platter shouldn't a wholesale contract include language such as "the buyer and/or assignee" Or do you just throw that in the additional terms of the standard residential agreement?

Additionally, renting is a passive activity, so the losses are limited.Flipping is active income.

(In addition to the 90k equity left in the deal)Hope this helps!!

Lubbock has quite a few SFR with a detached back building than helps draw additional rent and adds doors.

A cool trick is to double-click a word in any post and add it to your keyword alerts without leaving the page.An unstoppable entrepreneur myself, I have been mentoring start-up entrepreneurs and business of various industries and niches for two decades now.