In hot markets, some wholesalers and investors use 80-85% of ARV (minus repairs) instead of the typical 70% to stay competitive.A few tips:1.

I’ve been meaning to write a blog post on how to do it - I’ll eventually get around to doing it.

If you expand your rental business in the future, an LLC may be worth considering, but for now, keeping good records and securing appropriate insurance should provide adequate protectionThis post does not create a CPA-Client relationship.

I would also join every FB group for investors, from local to California, and post the package there as well.

I rent to one couple or small family for the full rental period - no less than 2 months and no more than 3 months.

Also, check state-specific tax laws, as some states impose additional transfer taxes.This post does not create a CPA-Client relationship.

Your location references Kansas City, Kansas, but your post seems to reference the KC metro area.

I recently joined BP and just saw your post. 

We have been a quality fencing company for 5 years part-time, and just announced this year we are going full-time with it.

@John Lasher If you are still looking to spend $20k-$30K for a coach, I would be happy to take you up on that offer :) For full disclosure,  I will share with you precisely what you can learn online/ perhaps even entirely through these BiggerPockets Forums but that doesn't address the reason why most are still unable to purchase larger assets: creditworthiness and capital relationships.