You could straight line it and give them 6.5 yr rent abatement on a 10 yr extension. 

I’m just curious, what was your biggest wholesaling fee, and how much were the taxes on it?

If you're planning on purchasing out of state in a high yield market, just be prepared to lose money on the 1st purchase.

Does anyone have insights on how sheriff sales are conducted in Louisiana?

Thank you for the advice many lenders will require 6 months but depending on if you go DSCR or the type of financing, that will matter.

The house needed more work than they were willing to take on.

I have a personal HELOC on my primary home. 

Generally prices are too high to hit ideal numbers on most beaches, however there is usually a good vacation rental or 2 on each beach. 

Hi NOah,To stay on top of market data, I recommend using a combination of national and local sources.

The combination of rental income over the years and the appreciation on a 40K downpayment (over 500% return on cash) made it a standout investment for him.It's fantastic to see you've tapped into Peoria's growth as well.