Once you think there is no law pertaining to the activity then the work begins this is a belly to belly business your not going to do this on E mail and text messaging .. you will need to be able to sit down with these folks or it will never happen.

For Conventional, you can only use 75% of the gross rent until you have Sched E history for the rental for a net rental income analysis. 

As a bonus when you sign up you also get an e-book that has tips to running your wholesaling business.We normally pull 50k+ list when we do our monthly campaigns of cold calling.

Proceeds to segregated account to be disbursed ONLY on rental property improvements and expenses to preserve the deductibility of interest on your Schedule E.

Quote from @Colin E O'Connell: The BP meetup in Wilmington is tomorrow 1/7 at 5:00 at Mad Mole Brewing.

Baselane has the added advantage of synching with your Schedule E you'll use at tax time to file your taxes.

checkout this post here: https://www.biggerpockets.com/forums/51/topics/816680-real-e...

No such requirement for improving rental properties and deducting interest on Schedule E. 

Quote from @Derrick E.: Really depends on what they are looking for as well as long term plans.

I will do e exactly how you said,  will wait and study.