@George Blower, Thanks for the detailed description George. 

Once you've got your first property under your belt and it appreciates at a rate of hundreds of dollars per day and rents easily to great tenants, you'll probably start to like this market a lot more.

Hi All,I purchased a loft along the belt line in Atlanta in May 2018 for $315,000.

I have a few flips under my belt but haven’t been able to establish any rentals yet.

I have zero deals under my belt.

They don't have the greatest splits for brand new agents but they offer a nice mentoring program and once you have 3 deals under your belt the splits are great.

Of course I’m going to wait until I get a few deals under my belt before I look into out of state options but any tips or information from someone experienced in that specific wholesaling strategy would be greatly appreciated!

If you're looking to BRRRR a string of crapshacks in the Rust Belt from your home in Palo Alto, good God almighty, don't try to do it from Deal One.

There are so many moving pieces that you might not have the time or the desire to manage a rehab while working your 40 or 50 hours at your regular job.When you have a few deals under your belt, THEN figure out what you really want to do whether rentals, rehabs, notes, whatever.

That way they would receive a monthly income check, again, they might not be keen on being in second position.If you come in with an approved loan, you have better bargaining power. 90% financing on a rehab is difficult unless you have some under your belt, otherwise you might be looking at 80% with a rate of10% of rehab costs.