And partner with people you trust & have done it here in Kyle before - by far the most important tip I can give.

A real estate lawyer can help you navigate the specifics, including ensuring you don’t inadvertently trigger any unintended tax consequences.A few tips to consider:Check with your mortgage lender: If there’s a loan on the property, transferring it to an LLC could violate the loan’s due-on-sale clause.

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

At tip to help achieve this: You will at somepoint, if you haven't already, be directed to propstream or propwire or the like to find motivated sellers.

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

Let me know if you want some marketing tips as I've seen good success with it in the Cedar Rapids market.

Any tips, warnings, or real-life lessons are welcome! 

Any tips/pointers, etc?  

In hot markets, some wholesalers and investors use 80-85% of ARV (minus repairs) instead of the typical 70% to stay competitive.A few tips:1.