3) Are there any common pitfalls I should be aware of as a beginner in wholesaling and real estate investing?

Quote from @Todd Goedeke: @Jon Martin You are right , if you don t know how to market a property and get direct reservations you should not attempt to co-host or triple net lease a property.You fail to mention that leases on a property can be as long as 30 years.Long leases are a way to give both property owners and management companies favorable terMs.How common are 30 year leases for SFRs? 

Also the interview is a big part of decision making, because most important is to have a person who is responsible and keeps your property clean.We don't look at bank statements, but we do want to see the last pay stub before we sign the lease and make sure the employer and the amount matches the application.

In my area $35-50 would be the common range for fees.

Other people would need to be employed to help the coach scale the coaching business.  

Do you notice commonalities about them?

- **Cesspool Issue**: While cesspools are common in your area, the limitation of not being FHA-eligible could be a barrier for many buyers.

My dad, a carpenter self-employed for 30+ years, was working on the house next door, and saw him cutting the grass one day and struck up a conversation with him, he said "Have her make me an offer".

It is properly called ordinary business income and is taxed at the same rate as your W2 income, PLUS 15% self-employment tax which is Social Security + Medicare.

You also need an online presence—this is commonly one of the most important and not done step.