This can make sense if you buy right and capture immediate equity or if there if it is a great value-add play, in my opinion.

I've heard that causes some sellers to balk because they think they are getting played.  

I'm not sure about how old anything else is but it has been remodeled twice before my landlord bought it.I want to give him a fair and reasonable offer on the property.

Secondly, when it comes to a long-term play as such, you should focus more on the IRR (internal rate of return).

.)• MLS-adjacent data without needing full MLS access• Consistent skip-tracing qualityIf your bottleneck is finding more quality leads and building better lists, PropStream is the step up.Xleads tends to be more marketing-oriented:• Pre-built motivated seller lists• Quicker outreach integrations• Simpler interface if you just want plug-and-play listsBut the data quality isn’t as deep as PropStream, and comping is limited.If your goal is “the next level,” PropStream gives you more control and better data to scale volume.Pair it with consistent skip tracing and follow-up, and that’s usually where wholesalers see the jump.

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.

I also spent a fair amount of time playing sports when I was younger, as well as have had private coaching related to sports training and fitness, so I understand good vs bad coaching.The various RE coaching programs I saw from the oustide-in (via my clients who were in them) were gurus and sharks with questionable experience/expertise who were charging more than $1k/month to basically answer questions via a phone call or offer a monthly/biweekly "mastermind".

Even in a C neighborhood, new flooring, paint, light fixtures, even kitchen cabinets, vanities etc. are relatively inexpensive and can be done yourself fairly easily that would probably drive more value than almost anything else early on.Next, I would focus on trying to drive your active income up. 45k is a great starting place but its much easier to double your salary getting into a useful skill like sales than it is to double your investment returns.

That seems like a fair compromise.

This one is a newer build townhome in an A-class Bluffdale neighborhood — great location, newer construction, and easy to manage long term.Property OverviewProperty Type: Townhome – newer build, A-class neighborhoodPurchase Price: $480,000 (market value)Down Payment: $70,000Underlying Loan Balance: about $410,000Interest Rate: 2.375% fixed through December 2051Loan Start: December 2021Monthly P&I: $1,755Taxes/Insurance (Escrow): $470Total PITI: $2,225 per monthRented: $2,495 per monthServiced through Escrow SpecialistsProtection: Recorded Notice of Interest on titleWhy I Bought ItThis isn’t a big cash-flow play — it likely breaks even after reserves — but the rate was too good to pass up.