End result is that even a slight unexpected issue puts the deal underwater and owning the property you either commit more money and deal with a loss or sell what you have and hope to beak even.Those that want to start by wholesaling really need to understand ARV and renovation costs if they want to impress a potential buyer that they have a real deal and not something no one else wanted to buy.It is a shame that the "get rick quick" gurus are all over the Internet today and all promise immense wealth with none of your own money or risk in the deal . . . . the one's making the immense wealth are the ones selling the programs . . . . know many investors that wanted to get into the business that took on loans to get these programs only to find that they were even further behind than when they started looking into it.There is money to be made . . . consider partnering with another investor (where you find the deal) and spend time with other investors with you local REIG. 

He helped me immensely.

By 2012 rates fell immensely and credit became more available. 

Won't that be an immense risk?

I've been using this tool for a while now, and has been immensely helpful!

Any guidance or advice you can offer on these calculations would be immensely helpful.

Sure, I have fronted the money and from a time value of money perspective I've lost $$, but the goodwill that is built, in my mind, is immense even if incalculable.

For example, CA likes to take on their minimum tax 800 fee to local and foreign entities, and tax the difference between the subject tax state rate and it's own.I'm pretty confident I'm going to create an LLC or C Corp, just trying to figure out my structure, and location of the entity.Plus, I agree with you immensely about the professionalism of having a structured entity.

I unfortunately came out of Physical Therapy school with immense life altering debt.

Any help finding an investor in Salina, KS would be immensely appreciated.