Do not forget to add your CapEx to your calculation and whether or not you are going to outsource property management and any other operating expenses.

As someone who runs their own wholesaling business, I see a lot of potential issues with this level of outsourcing. 

Play to your strengths and outsource your weaknesses.More info here: https://www.sec.gov/fast-answers/answers-regdhtm.html3.

We intended to do the management ourselves, but I see you're budgeting to outsource that.

I'd make a list of all the tasks you're looking to outsource, estimate how much time that'll save you after you hire and train them, and figure what that time will go towards.

I dont have any employees but outsource anything that I can when possible so far.

Ask your title company if they will structure the note for you, they usually have attorneys that will reveiw it and another company they will outsource the servicing of the note to.  

Maybe they have a physical presence in your market, maybe they have a vendor network you can tap into, maybe they have a a large community you can tap into.When seeking a program you have a few things to considerDo they have processes and systems you can utilizeDo they have a network of vendors you can lean on for outsourcing workDo they have resources to help with deal analysis and help you learn how to analyze dealsHow can they help you learn how to develop deal flowHow do they work their instructionDo they have an online portal and what are the mentor's expectations of their studentsDoes your personality mesh with the mentorAre there networking opportunities availableI do not regret my decision to join the program in the least and what I have learned and the connections I have made in the last year have been more than worth the investment.

It depends if you're wanting to outsource property management, rehabs, etc., or do them yourself.

I do have money to invest, and understand profit margin will be smaller, the more work and tasks I outsource.