PM will take a long time to save money as it's not a high paying gig, wholesale requires a lot of upfront time and effort and you likely wont see the yield for 6+ months, the market is too challenging right now for flip imho.

Challenges?

I value transparency, consistency, and learning from those ahead of me.I’m looking to:Network with experienced investors across Miami-Dade and South Florida.Learn best practices for evaluating deals, negotiating, and structuring wholesaling as a true business.Build long-term relationships with cash buyers who want steady access to off-market deals.What I bring:Strong research and problem-solving skills (tech/cybersecurity background gives me an OSINT edge for skip tracing & lead research).Persistence, adaptability, and a hunger to learn.A collaborative approach — I work with two dedicated partners so we can cover all angles of the business (research, seller contact, and buyer relations).My mission:Close my first few wholesale deals this year, reinvest into better tools and education, and become a trusted connector between sellers and buyers.

See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy + tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.

My Ultimate Goal: build a brand that will be trusted and recognized for challenging the standard of American housing, one house at a time. 

Challenges?

When comparing notes to investing in traditional real estate, I'd say one of the biggest challenges is the note investing can be a more capital intensive business, requiring more money upfront with less creative strategies for an individual to buy (though you're always buying at a discount).

Its easy for a borrower to walk away from a difficult project if they don't have any cash tied up - this creates challenges for lenders who aren't always set up to take over the investment.I've seen plenty of 100% financing offers in FB groups but presume many of them are illegitimate.

I ask because I’m exploring opportunities to collaborate with investors on STRs and other remodel-heavy properties where structural changes are a key part of the value-add strategy.Would love to hear how others have approached this type of collaboration, i.e. what’s worked, how to approach and what to watch out for.Looking forward to learning from your experiences.Tim Morgen, P.E.

🐎I watched as children with developmental challenges lit up when they rode.