I have the concept of wholesaling.

The investment you select needs to be one where you are going to be able bring the elements at hand both positive and negative in line to realize a return that justifies your efforts!

@Joshua Dorkin my original reply was through the app, didn't get to watch the video until now, awesome concept, I think if the security is there then it'll be a hit !

Top much negative equity to overcome., for me.

I've decided to pursue real estate, and understand the fundamental concepts of such an investment.To my point.

You won't have to overcome negative BS from the past seller and tenant relationship.

This way you will know if the condo would be profitable/ worth keeping as a rental after you plan to move out and convert to rental. if you do this after, you risk having a condo with negative cashflow.Use rentometer.com to get ballpark rent estimates for a unit in your neighborhood.

There is nothing keeping this buyer from RUNNING away from the property, in fact they have 100k in negative equity to motivate them to do exactly that!

I definitely don't want to invest in anything that has flat or negative cashflow after expenses.

Your example as-is creates negative cash flow.For beginning investors, it's extremely important to look for positive net cash flow.