The contractor didn't want to pick them - it was a 15 mile drive (in California traffic, this would take a lot of time).

I was able to drive the property a couple of days later, and I realized no i should not chase a rezone, and actually property similar to this will be removed from my list. 

We’d be happy to chat and even set you up with a risk-free test drive if it feels like a good fit!

There won't be a test or screening to determine your qualifications.

I’m relatively new to wholesaling, and I’ve been diving into the process—cold calling, direct mail, and driving for dollars.

Originally posted by @Bob Daniels:*Disclaimer*  My account has only been open for 3 months, which isn't nearly long enough to draw a solid conclusion from.I recently invested 1k with them in their long term growth fund as a test run to see how accurate their claims were. 

And as I continue to see more and more "we buy houses, cash" advertising, even the distressed homeowners are likely getting multiple offers from wholesalers, driving up the wholesaler price, which means higher price for you.

Plus, the sync issues with financial institutions drive me nuts.

With a background, $40K saved, and drive, real estate can be a great path to financial freedom.Good Luck!

If not, even though you are a re pro, losses are passive & deductions are limited.There are 7 scenarios that will qualify as material, and you only need to meet one:*500 hours*Substantially all participation*> 100 hrs and at least 1/2*Significant participation*5/10 years*Personal service activity w participation in last 3 years*Continuous participationTo materially participate, you must be involved in the operations of the activity on a regular, continuous, and substantial basis.Once you pass the pro test, the material participation often comes along for the ride.You can elect to aggregate all rental real estate for purposes of measuring material participation under Sec. 1.469-9(g).Your time spent on all your rental properties (STRs don't qualify) counts as one activity, making it easier to materially participate.In order to make a strong case with your CPA and the IRS you need to document your hours.Best practice is an hours log where you are as specific as possible.