especially if you are flipping it and will cost you $xxx/day in holding. 

Here in Florida we have certain municipalities that have a tenants bill of rights and they require a 60 or 90 day time periods and that you can only raise the rent xxx%

One of my mentors says that when people ask him about how we saved for his kids college, he replies that his college fund is located at “XXX Smith Street” which is one of his rentals.

Quote from @Scott Trench: I've never come across a law that says you can only rent a unit XXX days per year.

I can't tell you how many times I have heard a seller say something along the lines of "My neighbor's house is smaller and sold for XXX so I know mine is worth more!"

When they could have just paid XXX in federal taxes and been able to buy whatever they want.How much are you saving?

I sent you a letter about a week ago regarding your house on xxx street in xyz town, Did you get it?

I.E, ceiling height for the basement, windows for emergency exits, parking etc.Monitor posts when individuals ask for recommendations provide valueJoin FB REI groups in your state, county, city whichever is available -> ask for wholesaler recommendationsKeep an eye on the BP marketplace see who is wholesaling in your area, if there aren't any, contact the ones who post most consistently ask if they know someone who knows someone in your area.Check out your county's/city's cash-buyers list, -> build a relationship -> ask for wholesaler recommendations (and possibly money)Contact active RE Agents/Property Managers in your area -> build a relationship -> ask for recommendationsThere are YouTube channels about REI DM/post comments -> ask for recommendationsCreate FB ads " I buy ugly homes in XXX area"Get comfortable with the idea you may have to invest out of your area/state.Hound the auction webpages to the individual cities/counties your interested in (not the well known auction sites)Read publications about legacy cities with high vacancy/home abandoned rates due to industrial HQ moves or what I call industrial to IT changes or the 2008 Housing Crisis ( Baltimore, MD. 

I've found that the VAST majority of credit card users loose money because the teaser "0% for xxx months" turns into 18+% with a balance still remaining in the long run.

Simple Quick Formula ARV-General of Misc Holding Costs (Holding, Loan, Carrying and Sales Costs = about 10% of ARV)-Desired Profit (XXX % of ARV)-Rehab_______________Purchase Price for Offer