@Denise MunozI almost stopped reading when I saw it wasn't,  the 1% rule.......If they are selling for $84,500....the gross rent needs to be $845/mo minimum.....Check the real comps for the area....as opposed to what may be on Zillow and see if you can get them to lower the price.......If you inherit long term tenants there and you try to immediately raise their rents by 12 to 13% then you have a decent likelihood of making them become bad tenants.  

As the renters leave I will do some rehabs and increase the rents.

HUD data shows that this median income figure increased 17.5% from 2013-2018.

I love Cozy- but I found the delay maddening immediately after accepting my first Zelle payment.

My total cash to purchase the property will be $6,500 + closing.With a contract for $43,500, I don't think there's much room for a wholesale opportunity & a 30 year loan would increase my cashflow by about $40/mo but I can't seem to find one right now.The property is a 3/2, 1,000 sq. ft. the lease renews in August, month to month, at $825.

Print out EVERY single email correspondence regarding this transaction, both received and sent, immediately so you have a hard copy.  2. 

I am currently reading and watching everything I can get my hands on to increase my knowledge in the mean time.

Some immediate sources are personal funds, community banks, friends and family, hard money lenders, crowdfunding, etc.4.

Prices overall are pretty much flat (although individual neighborhoods are still gentrifying) and supply has finally started to increase.

The other companies bombarded me with emails and calls immediately, so it was slightly frustrating with Midwest.