I'd be less concerned about the rent/price ratio and concentrate more on meeting your cashflow/ROI minimums.

He says he is "too busy to deal with this project being too far away from me and too small of a deal for me to concentrate any effort on".

Try to concentrate on house-hacking technique to digest more before you purchase your first deal.

You need to concentrate on improving your employment situation and increasing your income.

In that time concentrate on continuing to educate yourself on this forum.

Hi @Benjamin Moss,  I've been wholesaling for about four years now and the best advice I can give you is to just jump in and concentrate on finding your first deal. 

Then research by the numbers 10 markets, then pick your top 3 and concentrate on one of those.

@Brian Dudash Instead of concentrating on what's available today, think long term.

Those of us that have been successful often try to be incouraging and supportive without considering we may be imparting false hope.Take the time you would put into growing from nothing and concentrate working 2-3 jobs saving every penny by living a frugal life style.

I am concentrating on buy and holds right now because of the market.