So, you’re buying sub2 as opposed to actually assuming the loan?

You can definitely get better terms than that for financing if it's in your name, as opposed to in the LLC.

There is a house across the street that is significantly larger 1680 sq/ft, three bedrooms, two bath, multi-level, finished basement asking $1400 (as opposed to the two bedroom, 1 bath 811 sq/ft we are in now for $1200).

So, with all due respect, any advice regarding the options as opposed to analyzing his why would be most appreciated.

Its also considerably easier to comment on the mistakes someone makes as opposed to the 85% of business being handled by the 15% of competent professionals.

Sure, you can't devote your full time to it, but if you're working on one house at a time, you either contract the rehab work out or go over and work yourself when you're not at your full-time job.I prefer the safety, stability, and steady stream of income from maintaining my full-time job as opposed to the more immediate increase in freedom and autonomy from pursuing real estate full-time; at least, until I feel that I'm making enough from my investments that I can comfortably make the transition.

RW is a franchise operation with nation wide presence and charge a fixed fee/month + variable cost as needed (as opposed to 8%-10% of rent/m) so might make sense depending how high maintenance your property/tenant is.

I thought @Laura Williams made a good point with the refi as opposed to selling it since your confident it will continue to appreciate.For those who are talking about Cleveland I recommend reading  The Ultimate Guide to Grading Cleveland Neighborhoods.

As an agent getting calls about a listed property, a wholesaler, let alone a new one, is pretty easy to spot, if you know they exist and how they work ....and when that happens, yeah I'll require a POF upfront, as opposed to what seems like a real buyer, then maybe the POF comes later, with the offer......purely a judgment call on the agent' part, and apparently in this case a good one.

That's good to know-- much like going from a to b, as opposed to b to a?