I imagine the costs may be a little bit higher than what you initially estimated but if you offered at 66 cents on the dollar, chances are you have enough buffer to make up any overages. 

I'd imagine the nightly rate would be lower than STR prices in a higher-end neighborhood so guests shouldn't expect high end for the lower rate.

@Arta Montero, I can't imagine that your current home would make a good rental.

I imagine I could evict them, as I told them before we are voiding the lease as the house isn't  habitable (so I thought). 

Or, imagine where the seller is sitting on multiple offers, many of those having a timed expiration date of 48 hours.

Imagine multiplying those numbers by 10 😁You can also do BRRR with multi family.

I definitely want to rebab, I just didn’t think I had enough capital to do so, hence the reason to want to wholesale first.But, after speaking to a private lender, with the cash on hand and my credit score, I can def buy something decent and rehab it, for sure.This was a learning experience beyond what I imagined.

I can only imagine that many others have faced this dilemma prior to making their first few deals.

Inspections in cheaper areas I imagine are much cheaper.

Priority is to have solid foundation in real estate literature and understand the differences between practices in Finland and States before properly starting to look for my market in States.All tips and pointers are more than welcome!