Seek advice from experienced investors or mentors who can provide clarity and guidance in times of uncertainty.

The company providing the warranty keeps most premiums as revenue and profit."

Those that cannot weather the storm get wiped out.Having cashflow positive properties provides a margin of safety you just do not have with negative cashflow.Why are you focused on buying in your backyard? 

@Bryan HarveyJust realize they provide high returns but it’s my understanding your investment is an unsecured loan.

Zelle has monetary limits and the federal gov. sued Zelle for failure to provide its users from fraud.8) Understanding your local landlord-tenant laws, so you don't make a mistake or get taken advantage of by tenant--follow landlord mentor advice9) How will you handle maintenance issues?

As a large chunk of the American workforce can now work from anywhere, investors are scrambling to provide great places for these digital nomads to explore a new city.

On the llc side I will rent the property that I purchased from myself, and provide myself some protection of my primary residence.

We're willing to live almost anywhere in the greater Sacramento area based on what we can afford, provided of course that the property is in a decent neighborhood that has a good chance of attracting responsible tenants.As for budget, I believe we could get a conventional loan for properties up to $600k, but my strong preference is to find a distressed property (or seller!)

J Scott, one of the more respected authors/authorities on BP, provides scenarios in which wholesaling can be done legally and ethically.  

I own and invest in Birmingham and would be happy to connect to share insights and introduce you to contacts in my network.I also work for a local property management company that serves many out-of-state investors.If you come across any properties, I’d be happy to provide rental analysis reports based on comparable rentals to help you evaluate potential investments.Looking forward to connecting!