@Edgardo CorreaThe most important aspect of wholesaling is the contacts you have in this business.

We have had success with the debt-reduction aspect of Dave Ramsey; we personally have gotten "gazelle intense" in paying off debt, and saving up everything...bonuses, tax returns, birthday presents, bought older cars, etc. in a quest for down payment funds. 

Some of the renovations might qualify for bonus depreciation thus increasing your losses.You can have a main LLC who manages the properties to take advantage of the strategies but you might not need to do that this year since you are having losses anyways, something to consider for January 2019 and you want to consult with an attorney for the legal aspect of it.

It really goes into detail about every aspect of building a house. 

Also open to any local investor that are interested in helping out a newbie on his path to real estate investing success in this market I’m willing to help out on others deals to learn, partnerships maybe that I do some minimum aspects to take some task off an investors plate so I can learn more hands on and grow.

That skilled is used in every aspect of real estate investing ... if you plan on scaling ... 50 properties or more.

I have a friend looking for an attorney to help with the legal aspects of raising investment funds for the acquisition of a building for a gym in the DFW area.

However it is very difficult and there are so many aspects to that.

I've joined the local REIA, created an LLC, and am thirsty to learn all I can about the aspects of real estate, deal structuring, and how to analyze and take advantage of situations and opportunities as they present themselves.I'm focusing on generating passive income for our family, and pursuing a level of financial freedoms. 

Remember all aspects of a fair comparison.