Because of this they never charged market rent, so never had money set aside for capex or repairs.

However, I recently discovered that I'm missing about one-third of the rental income, and no explanation was provided. ( Actually, I just checked my account to get money: 10/2 $500, 10/17$700, 10/28$500).Originally, I understood that the management fee would be 10% of the rental income.

You might not be aware of the amount of money invested in marketing for a wholesaling operation.

Otherwise I am kicking in some of my own money to pay the mortgage.

I've seen posts say it goes directly to the wholesaler, but how do we get that money back should there not be clear title?

It's also fairly easy to do virtually.The money is made in land flipping on the "improvements" you make on the land.

My biggest challenge with this deal was finding the money to complete it, but my wife and I made it work.

Here's a framework that you should know for tax planning:The further you can push your taxes out, the smaller they become.The time value of money shows us that a dollar is worth more today than 20 years from now.Planning is used to kick the can down the road, and make sure there will be available cash to pay the tax!

I just tell them, they can apply but it is probably not worth their time and money because I wont be able to hold the property vacant for that long.

From what I have noticed looking at the MLS, your money goes way further in Saskatoon because you can purchase properties with up to four units, whereas in the other two cities, I mostly see single-family homes with (maybe) a basement suite.