The problem with one off leases is that if there is a problem you will end up having to pay an attorney to learn that lease.If you want to go at it alone you might also consult with the attorneys at the title company that close your deal.

Those people could be private money investors, or investors that can bring you deals! 

It's clear you're dedicated and passionate about wholesaling, which is fantastic.A couple of tips:- Focus on Building Relationships: Keep nurturing the connections you're making.

Hi everyone,I'm currently negotiating a real estate deal and would appreciate some advice on how favorable this offer sounds:Price: $3,170,000.0017 units50% down payment5% interest rateBalloon payment in 3 to 5 yearsThey're open to either interest-only payments or an amortized loan structureAdditionally, I'm trying to secure the best financing option available.How does this deal compare to the current market?

I thought I'd share a few deals from time to time of what I'm underwriting to help anyone out who's learning how to underwrite and comp deals.

Kar,It sounds like you’re dealing with a diva tenant.

I am in South Carolina also and have extensive experience dealing with purchasing and selling properties with title issues.

What made you interested in investing in this type of deal?

Obviously there's a lot I don't know about your deal, but using napkin math and your figures, Id go for it - I think $1600-1800/month is realistic depending on the area at that valuation (just guesstimating the neighborhood quality based on ARV).

However, I did not take the necessary steps as I was hesitant due to lack of funding and having potential buyers for deals.