They can be, but you have to be wary of the HOA and other condo owners near by.

When it comes to reporting this income, beyond the importance of being truthful on taxes, a few key questions arise:Are there any advantages to reporting higher rental income on your 1040?

Is this a separate account from the pro account?

Back in the early days of starting my wholesaling business in 2017 and 2018, I would see these shirts every morning at the gym.

With the little knowledge that I have on this method, I started building it as if they were flipping a property... - They put in 2/3 of the money- Monthly payouts of 50% of profits- 4 month termBased on the pro forma of the rental, they'd have around a 30-35% roi by the end of the term.

Initially, I pursued wholesaling with the goal of generating income to eventually buy and hold properties.

I'm using Furnished Finders (and Airbnb) but the majority of FF leads are for 1 bedroom vs whole house.

There are a lot of reasons that is a bad idea.On the other hand, if you could buy the entire condo and turn it into a small apartment, there may be an opportunity. 

Unfortunately, there is not...unless you want to count gurus that charge you $10K/year to be a student, but they, themselves, don't really have the background necessary to advise (read some of the backgrounds of these jokers...really...you'll be stunned).

Me and my partner were wholesalers and noticed that there are a ton of FSBO homeowners that dont want to use agents but the issue is Zillow pushes these listings to the bottom.