@Chris Seveney, 80k was derived from a walkthrough conducted by my contractor. 4 months is based on the fact that the units themselves need mostly cosmetic work, and the basement being the biggest project.

The way I conduct my business, I could absorb a market pull back.

Business can most certainly be conducted here in California it's just at a different pace than the Midwest and you really need to know what you are doing and watch your back.

@Nguyen Quach, @Jeremy Brown, @Pete Tam, @Tobias FalzoneI have a conference room located in Downtown Folsom we can use.

A fundamental component of being a successful real estate wholesaler is understanding the laws governing the conduct of real estate agents and the laws that govern your conduct as an unlicensed individual.Do your homework.

I work in a companion position to commercial real estate appraisers and as such have had opportunity myself to conduct title searches - one of the houses I mentioned earlier was also an estate property that had been flooded while the relatives sorted the will. 

So, today I was conducting some primitive market research in order to narrow down my "farm" area.

We are also a 501c3 organization belonging to the Arizona Conference of Seventh-day Adventists.  

I happened to have met Marco Santorelli (Norada) at a conference last week, and he's definitely a straight up guy...can't go wrong with them either. 

Do you plan to or already conducting Rentals via S-corp?