As I become more familiar with the many different concepts that are discussed within these fourums, I hope to contribute much more.  

This will serve as a great way to reinforce certain concepts, behaviors or thought process. 

We buy it in 2015, finish the house (basically a new build) very simple but modern 900 sq ft. ranch, vaulted ceilings, open concept central air, nice high end rental grade finishes like ceramic tile floor.  

Hi Dexter, the concept you are describing is fairly common and I think could be very successful.

The concepts are simple, and I grasp them easily, but the reality of implementing this is daunting.

Good morning, I just wondered if there was any major difference when wholesaling land or commercial properties, or if it is the same basic concept as wholesaling a SFR?

You could create a base concept and build on and change things from there with each approach to lenders since each lender is different from the other in what they value in a loan/deal.Don't just look at the lenders as lenders, you should look at them as your partners and threat them fairly.

The concept is using your own money to buy a property,add value by rehabbing Rent a seasoning period Refinance at the greater after repair value.Repeat because you got your principle investment backBRRRR

Granted, if you're not of child bearing age or avoiding conception, then your risks are minimized.

Just mortgage, cell phones, insurance and related house hold expenses (besides mortgage) Any help offered would be greatly appreciated.