There are bigger wholesale companies like NWA (not in AL) that provide a larger number of deals as well.

I recommend keeping a minimum reserve for each property (mine is $10k/door) to ensure you can cover most "surprise" expenses and larger capex when they arrive.

PMs are great if you're running a larger (5+ doors) portfolio, in a similar area, and have "lived" self-management long enough that you know you're no good at creating standard operating procedures or farming out the work directly.

So while you may think you are liquid and have “available capital” on a HELOC line, it may not always be there if the lender decides they don’t want the risk of that line being out there any longer.

So make sure that your HML will lend you 75% if it's NOT your first deal or if it's in a larger city. 

There's also ways to make allowances for houses that are slightly larger or smaller than yours or in slightly better or worse areas if there's no great comparable sold properties in your area. 

I am paying anywhere from 500 to 750 and that's for duplexes and larger multifamilies. 

Many syndicators structure the deal so that if there is great upside they get a larger portion.  

I'm a fan and personally keep my liquid funds in a high yield savings account.

Where would you start to grow a business that you could liquidate in 10 years if you had $500k?