Common cash flow issues in real estate arise from vacancies, unexpected repairs, or market downturns.Typically, lenders require individual investors to have at least six months of mortgage reserves.

3) Are there any common pitfalls I should be aware of as a beginner in wholesaling and real estate investing?

What kind of properties are you buying and why do you feel you need inspections?

If you're concerned about tax liability, a **1031 exchange** could allow you to defer capital gains taxes if you roll the proceeds into another like-kind property (such as a larger SFH or multifamily property).

I'm going to google and look some things up but was wondering what kind of credit cards this community recommends.

And since as a landlord with less than 100 homes you are limited to only filing a small claim on the damages and you can not report this kind of tenants to the Credit Bureau, it's worth the price.

We are in the process of becoming permanent residents (still a 1 to 3 year process for us), which kind of limits us with regards to loan and financing options. 

- **Cesspool Issue**: While cesspools are common in your area, the limitation of not being FHA-eligible could be a barrier for many buyers.

Much depends on the type of property you are purchasing and the kind of loan you are seeking.

What kind of zoning do tiny homes need?