Hey all. Newbie from south shore mass. Looking to get into wholesaling and from there tranistion into fix and flip and possibly rentals after. I currently am a full time hvac technician and have been around the remode...

My discussions/agreements have the tenant responsible for maintenance/upkeep, such as changing their own light bulbs and unclogging their own toilets, cutting their own grass, spills on the carpet, replacing things that become damaged due to their wear and tear up to $500, since they plan to ultimately purchase the home and will need to have a good appraisal for their own home loan, I ask them to care for the property as an owner would. 

Do not cut any corners to make something look better on paper.Just do what is average for that neighberhood.  

Just because I personally don't cut the grass, plow the parking lots, put the shingles on, doesn't make me lazy, I've decided it's in my best "pocket book" interest to have it done by someone else.

My gut has been since day one that this listing broker has his own buyer and is trying to cut my offer from being seen.Proof of funds for the 25% down payment  (this is common, I'm ok obviously with this one)More details on the expected debt structure and what lender the buyer would useMore details on the business model of the investor—things like capex budget, rent growth assumptions, tax adjustment and any other expense variations, etc.Broker references from brokers that represented sellers that XXXXXX Investment Group bought deals from in Ohio and/or texas.In addition, when we have requested a tour:   Principal of investment group must personally tour the property prior to offer, not a representative of the principal, even if it's someone from the group. 

Last night incident push me over the edge.

The manager gets their 25% cut of the gross revenue including booking fees.  

So far it has definitely cut down our time chasing people around to schedule.

If you are looking to automate things a bit and cut the learning curve a little call @Jerry Puckett and he can help get you a quality list, send quality mail pieces and will give you a free CRM! 

. $16k in operating expenses without a mortgage seems like you would be cutting it real close if you financed, and none of those areas scream appreciation to me.