I have been using a deal analyzer spreadsheet that I found some time ago and that has served me well for analyzing "normal" deals with a downpayment and lender financing. 

@Sarah Hadassah Negrón so you get a money judgment.Now you have to turn that into a garnishment action with the courts.To do that, you typcially need to have the tenant personally served - which means finding them or hiring a skip-tracer to do so.Then, what are you going to garnish?

I think you would be far better served by just getting a separate bank account to run your business if that's your primary intent on using LLC.

I started working for a company where we would serve properties to investors using the double close wholesale model.

The good news is that it will still serve as a house hack when we move, as there are multiple units on the property.Our concern is that it is in a high fire prone area.

Hey guys, I'm just getting into the wholesaling world and have a couple of questions:What were your first mistakes that served as great learning points?

I don't have hospitality experience but I have served clients for over 15 years now, perhaps I can ramp up quickly considering transferable skills. 

I’ve built a solid network of contractors, hard money lenders, conventional/DSCR lenders, and property management companies that serve as my trusted boots on the ground contacts in Memphis.

Zero-percent business credit lines can be a great tool to fund renovations, repairs, and even serve as gap or bridge funding when working on a BRRRR deal.

Some agents do this well, some without a license do it even better.Having a license to serve other clients first and help you conduct your own transactions second is how I would look at it.When analyzing deals I will prioritize sharing with investor clients first and only pursue it for myself if none of them want to purchase it.Happy to talk more as you pursue all of this!