It typically covers the structure under construction, materials, and equipment on-site, in transit, or stored elsewhere.

BRRRR is not a great strategy in the current market due to the mortgage rates so it's not as applicable as many think from reading older posts or books about how easy it is.

Also don’t forget landscaping and general pest control (termites) if applicable.

For that reason my money is elsewhere.You are almost never alowed to do your own renovations, and have to pay an application fee to get approval to do work on your rental.

Instead, focus on verified income and ensure applicants don’t owe previous landlords or have prior evictions.

I have the applicant go to website and fill out online application form for pre-qualification3.

Zillow has an easy application for them to fill out. it come back with a credit score and background info. 

Most people don't qualify for that relationship.The seller financing will not show up or affect the credit score.However, when applying for a loan at the bank or especially a Federally Guaranteed loan, they ask on the application for ALL Loans, whether  or not it shows on a credit report.

Look at the application, start pricing third party flat fee services for each step.

Quote from @Jay Hinrichs: Oregon finally passed legislation to reel in unlicensed wholesaling its in this months publication from the state RE agency.Highlights:Goes into effect  July 1 2025Requires:On line application to become a licensed wholesaler  ( RE agents exempt from this of course they already have licenses)Name of company and individuals who will be performing these services.Each one needs a full criminal background check and approval prior to receiving the license.300.00 annual fee for the license.Written Disclosures in Bold 10 point.These must be given to Buyer and Sellers prior to entering into a wholesale contract and signed for.Also RE brokers assisting wholesalers need to give these to potential buyers and sellers.