If you are interested in having a conversation with the owner let me know & I will connect you.They manage the bookings, turn over, cleaning fees, etc.

I get nervous when someone starts a conversation about thinking long term with neg cash flow. 

Everything's negotiable, and by finding more than 1 commercial lender to work with I'll negotiating power against the other.Thanks,Billy 

Hello everyone, I have recently bought a 3800 psi power washer to clean the outside of my rentals that have vinyl siding.

I won't try to sell you, but I thought I might pitch into this conversation since I have plenty of experience investing here ;)Firstly, while I think your ratings a largely correct, I would agree with @Jarrod Cook regarding the Over The Mountain (OTM) neighborhoods like Hoover, Homewood, and Oak Mountain.

But don't underestimate the power of $1M for a startup or small business.

He's either planning to cheat you, or he doesn't know how to run his business and will either change order you to death or bail o the project.I can't tell you how may conversations I've had with investors who've bought a house where ARV & rehab costs were based on hope & prayer, then get frustrated with the contractor because he can't stuff $50,000 worth of reno into a $30,000 budget.The remodeling market is booming all over the country.

The basis for a loss would be the value at conversion less depreciation (70-8= $62k, so no loss).  

If you haven't yet- be sure to setup some "Keyword Alerts" to get into conversation in your target area.Seeya around!

I'd recommend joining a local Real Estate Investors association and getting an accountability partner who you can compete with for something like:Hours prospectingConversion % of hours to apptsWholesale conversations# of investors lined up to buy your wholesale dealsEtc