Just know that it is a "no days off" kind of business and very mechanical.I would suggest documenting your process via video so that eventually you can bring people on to replace the different hats you will be wearing.Keep in mind of these 5 components of any wholesale business.lead generation, deal sourcing, underwriting, marketing, transaction coordination.

Negative CF, which is what you are describing, means you are buying your property, and making no money in the process.

Is there someone willing to guide me through this process?

One of the biggest issues is probably borrower default—whether due to mismanagement, market downturns, or unforeseen circumstances, lenders can end up in long, costly recovery processes.

Streamline your communication process to secure quality tenants.Focus on QualityThe condition of your property matters more now than ever.

,While no investment is completely passive, proper real estate investing should be relatively boring.You asked about the process and major considerations.

As a result, Lendbase was compensated by the lender we wouldn’t ever have to pay Lendbase anything except for an $8,000 upfront fee to process unlimited loans for us for three years.

Though, this process will be the same for the other state (if you created a CA LLC you may need to register it as a foreign LLC in the state in which you are doing business/holding property).

If  you chose to sell, there are a couple things you could do to proactively make the 1031 process much easier. 

I have my credit where it needs to be have a down payment saved of around 17k and looking into Host financial to go through for my first deal I am wondering has anyone personally used it and how do you like the company and the process thank you and looking forward to the journey