The test consists of 4 elements:It is an investment of moneyThere is an expectation of profits from the investmentThe investment of money is in a common enterpriseAny profit comes from the efforts of a promoter or third partyIf you are borrowing money from someone it generally fails the third element above because there is no common enterprise for those contributing the labor and the capital. 

Pick their brains and be consistent.

The plan also includes more efficient management of the property and tightening control of expenses through Dreamstone’s established systems and processes.Tampa is a strong market and consistently ranked one of the top places in the US to invest in multifamily.

Or they might do it themselves like we do, the point is the proof is in the pics.And also in having a history of reasonable market times and not consistently having to do price reductions (which would indicate a tendency to overprice.) 

I wanted to go the “house hack” duplex route but getting a loan is difficult now because my work history, although consistent, has been part time because I am still in school full time.

If you consistently analyze properties, it will be much easier to recognize a good deal when it shows up.5.

(*grins)If you get so much business you have to hire work done on a consistent, repeat basis, then consider yourself radically successful!

1) Make sure you really know the markets you intend to wholesale in2) Make sure you get really good at running comps to know value and ARV3) Make sure you get really good at estimating rehab costs4) Make sure you really know how to run the numbers to present to investors5) Make sure you don't inflate the ARV and underestimate the rehab to make it more appealing6) Make sure you don't get greedy and try to make a home run on every deal7) Keep in contact with your investors and consistently send them deals that fit their criteria

We have a handful of people in that group who post deals consistently, wanting to seller-finance to avoid the tax burden.

Life has thrown me few curveballs so I'm just making sure my rationale is good here...I am currently under contract for an ~2000 sq ft (total) triplex that consists of a 1br/1ba separate unit (700 sq ft) and a duplex comprised of a 2br/1ba and 1br/1ba.