Quote from @Carson Hyland: Even if you buy the right property, failing to manage it well will kill your cash flow. 

Do you hire a title company for all the properties you're interested in before the auction?

I work with Property Management in Houston but can recommend some great networking/educational events for you :) Check out Space City REI - there's monthly meetups with an educational speaker relating to real estate investing and there are plenty of Investors looking for Wholesalers out there! 

I have helped hundreds of investors execute 1031 exchanges and build diversified portfolios across various excellent markets, all while using just one property management service.

I'm a Realtor, property manager, and investor in San Angelo.

You’ll need to treat it like a business—handling tenant management, accounting, legal compliance, property maintenance, and more.That said, when done correctly, it’s a powerful tool for building wealth!

I occasionally get requests to manage commercial and love to have a referral source. 

You must have excellent connections, industry knowledge, experience, and project management skills to achieve this outcome for those numbers.

They will have better recommendations for any title companies or lawyers there.

@Jason Dillard Even if the EDM is refundable, point me to the title company/brokerage who serves as escrow agent and returns EDM's without mutual sign off from both parties to the sale contract.