Now the purpose of this is to get help in moving on because i refuse to give up.

If you do have some concern have your agent pull up sold and pending comparables in the last 90 days, within a 1 to 2 mile radius of your home.

But that three percent is nothing compared to the low offers I'll get by sending the deal to the volume rehabbers or advertising it as FSBO.

Is this because the NE is that much more expensive when compared to other markets?

Of course, this defeats the general purpose of "wholesaling" with no money...Either way, with your new license, you can technically open your own shop.

The quote he said is very vague and without context when it's quoted alone and maybe purposefully misleading and people are interpreting it how they want to.

Anyway, so I feel like compared to other people I may be too paranoid but then again you can never be too careful!

I assume the rents are just proportional when compared to each other. so the cap rates may be similar.

@Tonya F.I purposely tell all potential tenants that all adult over 18 must be on lease with background/credit checks.

My mentor / business partner who is showing me the ropes in RE is starting his own property management business after being in the real estate game for 13 years.He is offering me a job in said property management business as an on-call maintenance person, and also said he can pay me to do yellow letters for him (I currently send out a lot of them for my own investing purposes).He said he can either pay me for each letter, or a 10-15% commission on income from any leads I generate (so if I land him a property that he makes $150/mo on, I would make $15-$22.50/mo on each property. 20 properties = $300-$450 / mo total).Either way, he will pay for all the material and postage- so I'll just be taking care of the rest (printing, packing, sending).