It’s not always a smooth ride, but those first bumps are where the real lessons hit hardest—speaking from experience—mistakes and all.

I’ve also read through the responses and they too are accurate, well thought out and hit the nail on the head. 

Look at that option, pencil out the numbers and see what makes sense, still flipping and getting hit with a PPP or convert to a rental and hold it.  

Otherwise, if you prefer not to go through that process, you'll be hit with a 25% tax on your rental income, which can eat into your profits.I also recommend investing in a couple of cameras and a good smart lock for security and monitoring.

If its not too far away, hit up all the people you know in Wilmington once you find a deal.

So you then you could extrapolate what interest rate would be needed at that time to hit your minimum targeted return if you did not want to sell but refi.I find with STNL 3 million and below lot's of cash buyers so they are not as affected by interest rates in the market as the buyer is not using debt for the purchase.

Your hit rate with wholesaling will be very low, but that's the nature of the beast.

@Dave Vona, there are a lot of challenges here in comparing the two.I have invested in SFR and syndications, granted syndcations only started about 4 yrs ago, where SFRs were 14 yrs ago.The biggest challenge in comparing these two, from a very technical aspect, is you are using syndicators 15-18% projections on value add properties (and the rent increases that can come with them) versus a more turnkey approach.So let's look at most syndicators in the value-add space and for completed deals:I would say, many groups hit roughly 25% IRRs for their LPs, often with a roughly 2-3 yr hold. 

Not sure if Im over thinking it and people dont care or maybe one I day get a bad hit.

An agent/broker/wholesaler found them and needs paid so it's probably not a homerun deal, but base hits can add up.