Quote from @Jordan Frisco: Quote from @Drew Sygit: @Jordan Frisco I spent 4 years working a day job and spending nights & weekends working on flips & rentals - before I got burned out!

Current Financials:Monthly cash flow: $838.59Annual cash flow: $10,063Cash-on-cash return (based on original investment): ~173%Current equity: $203,000Loan-to-value: 36.6%Current Rental Reserves (Just drew $5,000 out): $1,462.75Personal FinancialsCurrent Residence: Her grandparents passed away and we were given the option to purchase the house.

Drew,We’re a wholesaler group, but before we make any recommendations, I’d like to ask:What does a good wholesaler look like to you?

Same for 2-years of job/income stability.Tenant Default: 10-20% probability of eviction or early lease termination.Section 8: Class C rents usually meet program requirements, proper screening still recommended.Vacancies: 10-20%, depending on market conditions and tenant screening.Cashflow vs Appreciation: Should cashflow immediately, at the lower end of relative rent & value appreciation.Class D Properties:Tenant Pool: Majority of FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, but should have no convictions/evictions in last 12 months.

I'm meeting people to understand where they found such deals because in my area even bank repos go at market value. 

.: @Drew Sygit  What vacancy do you figure on 10-15 % (36-54 days) for all rentals because that is the minimum I see it taking from showing to getting someone in the door if you use this approach and advertise only when vacant.

Quote from @Drew Sygit: @Manny Santacruz there's a couple of different ways to interpret your, "waiting to sign the contract to my first rental property".Are you still looking for a property or found one and waiting for an agent to prepare a purchase offer for you to sign?

Quote from @Drew Sygit: @Cj Underwood we actually absorb the ACH fee for tenants because it's still CHEAPER than having to process paper checks or even direct deposits into our bank account.So, see if Tenant Cloud, or any software you pick, allows landlord to pay the ACH fee.Here are other options: Doorloop, Hemlane, Innago, RentRedi, Stessa, Avail, TurboTenant, Buildium.FYI - how did you calculate Buildium will cost you more than $1k annually? 

Hi Drew, I only long term rent, hospitality is just not my interest.

Quote from @Drew Sygit: @Ben Daniel no one can really offer any logical advice based on the info you've shared!