I'm not going to ask your spreads on deals, but do you have a suggestion for everyone for what is a healthy spread to shot for in a wholesale and a flip?

The clientele is mostly individuals traveling for work (e.g. contractors, consultants, travel nurses) and they tend to be very professional and keep the place clean / notify of maintenance requests timely.If you are looking for a platform after you have a tenant with rent collection, maintenance request tracking, etc, I would recommend TurboTenant.

Then you tack on the cleaning, repairs, landscaping, etc.You are correct that the dad is trying to intimidate you. 

I asked if the “building coverage” covered clean out after something like a fire.

However, if safety is a major concern, it may be worth selling, taking your share of the equity, and buying elsewhere with a clean slate—even if it means a higher interest rate.

Additionally, in Co-Living the property manager walks the property once per month to deliver toilet paper & cleaning supplies (aka property inspection). 

Let me break it down for you in a more conversational way:If you and your spouse are currently limited in how much you can deduct from your long-term rentals (LTRs) because of passive loss limitations, adding a short-term rental (STR) can potentially open the door to a completely different tax benefit, even without qualifying as a full-fledged real estate professional.Here’s how it works:The IRS treats STRs differently if the average stay is 7 days or less—these aren’t considered traditional rentals, so the income (and loss) isn’t automatically passive.That means if you can prove material participation—like doing most of the guest communication, cleaning coordination, pricing, etc.

Really dirty place and that scared my wife, but I wasn't too worried about it as it's mostly cosmetics and we can get the place cleaned whenever they leave.The goal with this first one is to sit on the cash flow, save up it up for 7-10 months and repaint the outside of the duplex.

We have to focus on nutrition, removing toxins from our environment, and get her body healthy enough that it can start fighting back again.If you know someone with cancer, or just want to educate yourself on the truth about chemo vs. nutrition, check out chrisbeatcancer.com or the book, "Chris Beat Cancer" by Chris Wark.

This was a clean, fast, and profitable transaction that showcases the power of a well-timed flip.