The Personal Mentoring program is geared to the folks desiring to be deal sponsors - a sponsor's job is to find a property and collect passives as potential investors.   

Second, you left out the fact that owners who don't/didn't clean up -- in Florida or elsewhere -- had their land cleaned up by the government (local ones too) and then the land was seized or liened if the owners/insurers dragged their collective feet.

That's how I started, with a company called Flip More Deals (currently called the Growth Collective) they were very hands on and helped me through the entire process and connected me with a lender and gap funder, very hands on you should check them out.

For market pricing, I collect LTR data from BP rent calculator and multiply by 1.5x.

Quote from @Michell Chase: The signed contract states a deposit was collected, so I would make that part of your purchase agreement.

At 23, your unfair advantage is time that is not constrained by collecting commitments of a family.

It markets our properties, screens our tenants, collects our rent, deposits it into our bank accounts, has full accounting and reporting features, has a tenant facing web portal & app where tenants can log in and report maintenance issues and see their account, etc, for $2/door/month - but they have a $45 minimum monthly fee... so up until you cross 22 doors it would be $45.

So, even a small negative like a $50 unpaid cell phone bill that goes to collections when you switch carriers tanks their score.

what are the laws in CO regarding unlicensed wholesalers tying up property advertising it and collecting a fee at closing is that even legal in that state. ???

Not only can you collect rent to go towards your mortgage, you're also building equity that can potentially be used down the road for your next home or investment.