Hi Stefanie - if you see that occur please report it immediately to my staff - support@propertyradar.com.

First, thanks to all for the amazing feedback & support.

So, I bought a distressed property for a very low price of $119k, put about $27k into the rehab, and put it on the market for $199,500 ($95 per sf) which the neighborhood should support.

I should also mention rents are also inflated and supported by the market. 

I figured if it was not on their website, it is not something they want to advertise and so must be high.Online Rent Collection ServiceName Monthly Cost Min Payment per month Days To Post Payment Live Support Accept ACH Accept Cash Accept Credit Card Auto Payments How Long in Business Has One Time PaymentWilliamsPaid $0.00 $0.00 3 Y Y Y Y Y 2007 YeRentPayment $3.00 $0.00 3 Y Y N Y Y 2004 YSparkrent $2.00 $2.00 3 N Y N N Y 2013 NRentmatic $3.95 $3.95 4 N Y N N Y 2004 YRentpayment $10.00 $10.00 3 N Y Y N Y ?

I agree that my expenses could be refined above, and I have the hard numbers to support the cost associated with these units but I understood the 50% rule as being an ultra conservative metric that would cover CAPEX+Insurance, taxes, vacancies, etc...Also, the 100K is included in the loan payment but would likely not be financed, making the loan payment decrease.

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We are all here to accomplish a goal, so let's each other give some support.

They had just told him the week before that my offer was still making it through channels.

A wholesaler goes out using different marketing channels to find deals (usually off market).