Sounds like if you know and follow the rules you should not only be OK but pretty well insulated from competition (people swarming in and oversaturating)

Some states have outlawed wholesaling because it straddles the line, some states have rules about how you can and can't market wholesale deals, so be careful here.

You can hit the 2% rule if done right.  

Kudos to him for doing it, but his rules and his dogmatic approach is also the same thing that made Open Door Capital a horrible venture because they skip over being pragmatic.

I have seen a tax attorney on YouTube specifically saying you can take a full year of depreciation even if you buy in December but all I see in the IRS publications indicates that you have to prorate based upon the time it was available to rent.is there a rule I am missing?  

I have included snippets of your message and my replies or comments in bold.What investor meetups I should attend- BP rules prevent posting outside events/meetups here.

The reality is many lower rate offers have a higher price or are $hit properties, but not all.If you are paying extra for owner financing make sure that the discount rate easily justifies the purchase price.  

There is a rule.  

All the same rules of a standard DSCR cash-out refinance would still apply.

Found the rules: 3 bedroom or less, 600 feet from other strs, 2500 feet from hotels.