Look into finding like minded friends or family pool your money and see if you can reduce the time it takes to build up that investment nest egg. 

However it looks like your cost to just eat the deposits is probably less than the cost it'd take to win a judgement. 

But I also have a day job, I’ve run 22 full marathons, I eat lightning, and crap thunder.

The property taxes are eating into the bottom line of rent income.

The mold issues alone could easily eat up half that budget let alone putting it back together for resale. 

I am doing a value play on this deal and water/sewer is eating alot of the current owners profits.

Eat some of my tasty homemade pumpkin bread… WHEN: SATURDAY, JANUARY 12WHERE: METRO BROKERS – 605 25 ROADTIME: 10am - NOON Please let me know if you expect to attend so I can plan accordingly.

When I do account for 10% of gross rents for cap ex it really eats up any cashflow margin I would get.2.)

Even with cancelled PMI, my monthly mortgage/tax payment goes up to $1650, eating most of my cash flow.The rental would likely break even for the near future and preserve equity, barring a recession. 

Month 2 of education in wholesaling (Hopefully not getting analysis paralysis)  But which would you guys say is a more successful route to take ? Getting the buyers list together or just getting a property  under cont...