By posting on BP, developing a BP network, and reading real estate books, you will do fine in RE, no matter the major.Tech is drastically changing the way we do things, but one thing tech won't be able to replace is human interaction and understanding (in the near future), which I would say is the most important aspect of real estate investing.I ended up majoring in Political science, while taking a few business classes.

Hi Adam,You need to DEFINE the terms of the Walgreens lease and what cap rate the seller is trying to get.Memphis isn't Nashville for quality so there is a basis point spread on selling.Length of term left on primary lease, any rental increase in option periods, NNN or NN, ZCF ( zero cash flow property ), corner location and cars per day, if any store sales are reported for that location per lease requirements, is there a CPI cap in the lease, is the store 24 hours, sales percentage to rent ratio, size and shape of parcel, median household income, population growth percentage, etc.All of these items and more will dictate cap rate and who the buyers are.You can present it to Tim Marshall at 1031 Exchange. 

BTW, there is another aspect for a contractor to buy a place, rehab it and sell it back to the old owner.

Wholesaling a vacant lot should be similar in almost every aspect to wholesaling a SFH or MF.

The interpretation he states does seem to make sense but I always cringe when folks are using improper terms for defined things.  

Right now Proskill Plumbing is working on getting its K-37 w/ Liquid Solar which would work for what you are trying to do with the plumbing and solar aspects of your project.

Of course, you could argue that if an investor learned the financials and operational aspects of landlording, that investor would do better in any investment (SFR or multi) compared to one who did not.I believe that a solid foundation of knowledge regarding the finaccial and operational aspects of landlording is essential and once learned, the best opportunity is to start with an apartment building rather than SFR's if the goal/plan is long term hold for income stream.

Will,You seem to focus on the issues of wholesaling that would be completely trumped by defining wholesaling in the normal model, or as you put it, MY model.I find it interesting that you focus so much on those issues.

Sounds like you have clearly defined goals, that's the first step.

Definately not my cup of java.