Naturally, they are your competition and the daily rates need to be taken into account.

I am putting in a link to something that may be help, a cost of living comparison calculator (https://www.bankrate.com/real-estate/cost-of-living-calculat...). 

The community is also a wonderful place where we help each other win - along with some healthy competition.

Will it cost more?

A bit pricey if you do only a few flips a year, but I'm going to give it a shot and seems if it's worth the monthly cost. 

I was a student they offered to sponsor a deal for and it has cost me everything, literally. 

In any case, successful wholesaling REQUIRES the knowledge, experience, and ability to accurately estimate repair and rehab costs and time.  

Far more costly to transfer property at a later point than simply purchase in an LLC on day one.

If you ever want to get into a tenant nightmare of costly potential litigation become a landlord, have the ac go out in Phoenix in July, and inform the tenant that you just don’t have the funds to replace it!.    

Most PM software allows late fees to be charged.Ours allows us to absorb the cost of tenants paying electronically thru the software - it usually wants to charge tenants, but we want them to pay electronically.We manually charge tenants a Processing Fee for mailing in their rent, a slightly lower Processing Fee for depositing to our bank.Your success will depend on the Class of your tenants.