If you were trying to give personal advice or constructive critisim about something that is off topic than a private message would have been more... to use your word professional.

If  you have the contract drawn up and signed, unless you change the terms (eg want money back and he says no), he can't go and sell it to another person...if you follow the terms and conditions in the offer that he accepted. 

This is definitely one of the best ways to build wealth, I wish I had put more into this rather than stocks at an earlier age. 

One group may be ok doubling up in beds and the others may be seeking a bed or even a bedroom per person joining.

My fees are on the low end because I only manage on Okaloosa Island so I can personally go to each property and carry very little overhead.

Personally, I think the true appraisal is somewhere around $290k before addition of those bedrooms. 

Personally speaking, my long term rentals don't have any cameras that I installed. 

Here's the background on it and what I'm considering, please let me know what you think.I’m a W-2 person using a local property manager, I love my job so I need someone else to do the work.

Hey @Juan Acevedo First off i do not confuse fact with opinion, If you have a good system and are good at your craft you can definatly make money in los angeles flipping and or wholesaling, never be afraid of competition you should embrace that and create a system to be part of that competition thats what makes this all so fun, not everyone can do it, me personally i love the La market as soon as i get a house completed i have multiple offers in the first couple weeks and i can care less about the competition, i focus on my structure that works for me, If you can make it in La you will find many other areas easy, I'm not far from you if you like you can come visit one of my flips and gain a little experience, i have a couple SFR's i purchased in the La area I'm almost complete with the rehab, good luck to you.

Hey Bigger Pockets Community,I'm hoping this reaches the person/people who need to hear it...I started my investment journey 1 year ago (14 months to be exact).