The high cash flow may be diminished by the age of the building and possibly more than expected repairs and replacements upfront and ongoing maintenance.    

I recently sold my first "for sale by owner" and enjoyed the work so much that I am in the process of pursuing my real estate license.

I waited for weeks while going through the process, and at the last minute, they sent me a low-ball rent approval amount that was below market.

I just started learning about wholesaling real estate and investing in general and I'm starting to get a good understanding of how the whole process works.

For example there's a state by state closing guide and the Maryland homebuying process vs. the Rhode Island homebuying process.

Because there is an entire short sale process involved that no one involved currently seems to understand, it would be best to bring this to a good short sale realtor, or attorney or negotiator to get it moving in the right direction. 

This is most likely a 3-5 year dig out process, if you're super diligent.

Was planning on going FHA but just learned about conventional 97.

Problem: Being that it’s a condo, I will be paying a HOA, but if I’m calculating correctly, there will be a decent positive cash flow.Thought Process: The lovely prices of single family or multi-family homes are a little out of reach right now, which is why I’m looking into a condo that I can afford.

Looking back, do you think there were things you could have done to speed up the process?