And if you got it at a deal and could sell it for 100k profit you'd come close to getting full money back with a refi

I’m willing to put in the work to find the money and the credit partner.ORI can wholesale the deal make a good profit for my time, learn a bit more about Multifamily along the way and ask my end buyer to either let me keep some equity in exchange for a reduced wholesaling fee and teach me the value add process or let me manage the property for the 8% or both since I live down the street.ORI can reach out to Multifamily owners and/or syndicators in my town and work out a structure where we partner either both as GP or I as GP and the partner as LP.

The building already has long term tenant and I will be going in making a profit. 

I currently own a home purchase back in2013 which I can almost make a profit of 110k.

How can you profit $300,000 when the ARV is only $259,000?

Learn for yourself how YOU can PROFIT from the “Uber of Real Estate(TM)”!

However, the account fees, transaction fees, asset registration, check fees (some custodians even charge for both incoming and outgoing), etc. form a good chunk of money eating away potential profit. 

They also get  30% split of profits above 7% annual return.The 1.5% origination fee is a commission essentially for bringing the deals to the investors and is paid as equity in the deal, not cash.My questions are these:1) Is an origination fee/commission standard for a scenario like mine?

I did a quick research and it seems many people are doing it and there isn't anything wrong ethically or legally, so is there something wrong in subletting for profits that I'm missing?

Not sure if it would be easier to start local and generate some income first or just dive right in the Florida market.