@David B Graham With those numbers, this is an unbelievably good deal. 

Unbelievable!

Your posts are unbelievably helpful. 

But just hating on wholesaling in a wholesaling forum is so unbelievably pointless. its not dead per se  but it is starting to be regulated as it should.. oregon just passed their version. where to wholesale you now need a license and over site by the RE commission.. along with criminal back ground and a BOND.. and as we know not everyone can pass either of those with the bond being the tough one if you have bad credit your not getting a bond.

Addicted to the process not the end result! 

I'd venture to guess your tenant is a criminal or drug addict of some sort.There's some truth in your thought but he's actually a really nice hard working young man. 

She goes with friends to more events as I am not an addict or in the program.Live music and dancing!

This self claimed "Drug Addict to CEO" doesn't pass the sniff test in my opinion.

Negligent forest management, drug addicts, or illegals? 

The sellers says it's just college boys and that's to be expected.He's currently getting good rents...as unbelievable as it may seem and if cleaned/fixed up it could make more as well as increase the value of the property.We own several coworking/coliving properties in the US and Mexico, so we are used to hospitality and properties out of state.However, my questions are;Is this a norm for college students, or student housing?