When you walk down the property, I would make note of all capEx expenditures that are likely to occur and bake them into the analysis. 

I'm fresh out the box on this real estate investing/wholesaling journey.

It was also a "passive income" maker for me, as I've always said I never wanted to be a landlord full time.I recently started a new job with a fresh MBA degree ( corp paid), and in the process of purchasing a reno to then add to the portfolio after rehab.

Wholesale buyers offer to pay seller closing costs so that the seller knows their net proceeds up front.While technically the buyer is paying the sellers’ costs, that is baked into the purchase price offered.

@Arty Fresh are you talking about a PFS or doing your annual accounting to tax purposes?

Updates include recessed lighting, quartz counters, new vanities, new fixtures, and a fresh coat of paint throughout.

I copied and pasted into a fresh .ppt doc and guess what I found? 

Most states/cities do not have limitations.My recommendation: if the Tenant is 20% below market or more, terminate their lease and start fresh.

You'll have the costs of the turnover (6k seems like a lot, but maybe the place really is that bad), but you'll have a nice rentable unit and a fresh start. 

You gonna need a kid fresh out of Finance major or has Master's degree in it.