High rates are here for at least the medium-term (1-2 years), so deals will have to pencil in this current environment.You may also want to consider hard money for your lending, as they can often fund your construction with far fewer restrictions than a HomeStyle loan.

You're smart for recognizing the importance of building relationships...very few wholesalers in my area understand this. 

The information contained in this post is not to be relied upon.

My number 1 tip would be to go off market and find owner that wants to sell at a discount / prefers speed and convenience. 

Quote from @Elizabeth Rose: @Josh Bowser this tip of doing a quick search on county GIS or software to see if homes in a neighborhood are owned in personal names or LLCs is gold, thank you!

You cleaner can be your eyes and ears in this regard. 3.

ci=Bismarck&st=Nor...This will help you determine how much demand there is and whether or not you can charge enough to cover your expenses and hopefully produce some cash flow for you.

I've read about this before.

Welcome to the community and be ready for a huge amount of information at your finger tips.

Yes, this is "tough love", but you won't survive in this business if you let it affect you:)