I'd talk w/them and get a feel for their circumstances if they talk freely but I would not pry. 

In any asset protection system in any state, but especially for those in CA, I personally would look first towards State Exemptions and what assets I can exempt, then, after I have maxed out my exemption options with my assets, I would then look at what additional asset protection system I need to set up to protect the rest such as (DSTs, LLCs, SLLCs, Asset Protection Trust domestic or foreign,)An exemption is a legal right under Federal or State Law to have certain assets unavailable to creditors under any circumstances.

If you have a high DTI ratio because of the student loans, you can still qualify with up to 56.99% back end DTI on an FHA loan. 15% down will not be enough for a DCSR or Hard Money loan based on your circumstances.

I have a strict cancellation policy and put this language in my house rules:"Please read and understand AirBnB's cancellation and extenuating circumstances policies.

I also don't get involved with Buyers as the contract language and specifics should be reviewed by an attorney Absolutely, I would never recommend a subject to to a client (or at least not unless under very, very unique circumstances and lots of disclosures).

The strategy of wholesaling is appealing to me based on my current circumstances.

But in certain circumstances it might be a good business decision.

My goal is to get this ship off the ground and save almost all the money I make from wholesaling to invest in cash flowing rental properties, so once I do make these deals and become successful and circumstances were ever to change for whatever reason, My income isn't only fixed on my ability to "Get a deal" to go through.Anyone willing to toss me a bone on this will be valued more than you'd understand.

In your experience, would you advise that it's best to avoid the complexities of the foreclosure purchase process as first property newbie, OR proceed with caution under the right circumstances.

Given the circumstances, I was hoping to discuss the details off line.