If you are not in a place to flip you will probably struggle immensely trying to wholesale. 

Locals have immense advantages for this asset class. 

Note that it helps immensely to have a relationship with said bank - For example, try to get an appointment with the branch manager or VP of commercial lending, and explain that you're looking to move over some deposit accounts, establish a line of credit, open a credit card, and seek a construction loan.

Not having car payments will build your wealth immensely!

@John Darr is also correct that pricing is usually striking similar despite far higher coverage amounts usually associated with RCVFinally, before you decide ACV, ask your agent/carrier how they determine the depreciation rate--I have see that vary depending on carriers and in older properties, that can create an immensely different amount of coverage very easily.  

I grew up (in Chicago) with gas stoves but here in the south I believe just about every African American applicant that has ever contacted us about a vacancy has asked if it's "all electric".When I ask why the interest in all electric they'll inevitable say "gas is expensive". 

They help me immensely when I hear how many of these successful investors started off and some of them made financial mistakes. 

I became a realtor 10 years ago, with the intent to learn the items listed above and it has helped me immensely reach and grow my real estate investment goals.I hope this help!

Breaking the One Percent Rule isn’t uncommon in either of these areas and can be applied as a baseline in situations where immense appreciation isn’t expected in B-C class neighborhoods.

Our group grew as the demand for this type of knowledge -then and now - is immense!