Also do you need a real estate license to wholesale in South Dakota?

I want to find out what other wholesalers are doing to close?

Investment Info:Other wholesale investment.

Which do you think will be more competitive, buying from wholesalers or your own referrals?

There are no reputable wholesalers in Cleveland.

I actually dont work virtually........I work WITH the virtual Wholesalers.....every deal ive closed was with someone that didnt live here in my market

This should eliminate the homeowner (1) selling a property while remaining liable for the note (subject to), (2) tying  up his property with a “buyer” who has no intent to close unless he finds someone to pay a higher price (wholesaler), (3) paying above market rental for an option to buy that can never be exercised (4) purchasing a property from a fix n flipper who did shoddy rehab, (5) purchasing a property with nebulous legal title, (6) contracting for home improvement with a fly by night contractor who then puts a mechanics lien on the property and (7) “listing” with a wholesaler disguised as a Realtor who doesn’t put the home on MLS. 

Distressed properties listed on market for $195k, price reduced to $179k, getting an email from a wholesaler who has it listed for $158k... so clearly it's worth a lot less.

I’m just not sure if my first REI should tie up my money in a long term asset (appreciation) vs investing in a quicker ROI (fix&flip, BRRRR, wholesale, or simply cashflow)The typical down payment in Denver metro for single family is around 80k (which I don’t have in liquidity).  

Id be real careful with wholesalers bc you are getting to the point where there will be a temptation to deal with them.