Most of the houses i work with are in the 600-800K range and all said and done I normally do a clean 40-60K in net profit.

We invested all of my income into 2 pure rentals before we were transferred again.We use our transient military career to invest in personals because they have 1) cheaper down payment 2) Lower interest ratesWe live off of one income (my husband's) using mine when it exists (it can take awhile for me to re-establish myself in a new area) into  pure rentals.Because of our transient life style causing home to be "relevant" to the current set of orders.

We invested all of my income into 2 pure rentals before we were transferred again.We use our transient military career to invest in personals because they have 1) cheaper down payment 2) Lower interest ratesWe live off of one income (my husband's) using mine when it exists (it can take awhile for me to re-establish myself in a new area) into pure rentals.Because of our transient life style causing home to be "relevant" to the current set of orders.

@Bill Jacobsen , What do you normally use for your vacancy/mngmt/repair costs?  

I normally use what I call the 5 schedule when I view a property.  

You can tell the seller during negotiations that the first sign of trouble from that A/C unit, any normal A/C tech is going to recommend you replace the whole entire unit.

Normally, the one with higher hourly requirement will determine if you meet the individual state requirement.Example I needed 99 hours.

Real estate is a lifestyle by design. 

Normally a wholesaler gets a home, does nothing to it and flips it to another buyer. 

Or does the Lump sum that comes with a RTO count as a security deposit because if they walk away at the end of the lease you get to keep the lump sum.How is this normally done in RTO's?