But a community bank is your best bet, your larger institutions will need atleast 250 members.

., don’t forget the CPA and Lawyer costs) Again Net Operating Income is calculated before debt - what matters more is the NET Annual Income (or annual cash flow): NET Annual Income = Net_Operating_Income - Mortgage_PaymentsAnd that leads to the Cash on Cash Return on Investment: C/C ROI = Annual Cash Flow / (Down Payment + Closing Costs)And I’m willing to bet you don’t get C/C ROI above 10% on any SFR in Austin area (based on these calculations and bought with conventional means, not subject-to or assumptions, or owner financing or other creative financing).

Your best bet is to get to know wholesalers and other investors especially the seasoned ones since they will come across deals before they hit the market.I am not sure if all that rambling helped at all!

Your best bet is a construction loan from a bank that you can turn into a traditional mortgage after its built.

Might be a better bet to develop a relationship with a Realtor or ISA who will get you the info you need from the MLS system and eliminate the gray area with your job.  

@Devin OtwayYou don't need to officially communicate anything.Just work with the person that is in sync with your goals and how you wish to operate.As long as you are communicating and things are progressing, there's no real need to say anything to other agents.If they have something of interest, they'll let you know.

Progress payments are made upon delivery of materials and labor.

@Simcha Davidman I'll bet that he had an @gmail email address?

I believe the natural progression for any wholesaler is to get into rental investing at some point so maybe just taking down a few of the deals you come across yourself instead of wholesaling them will allow you to now market yourself as an investor.

I think it would be a fun place to rent out for a few days and go biking right out the back door.They want $204K for it (it's been on the market for 100 days), and I bet they would take a good bit less.