Hi, im new to real estate wholesaling, i just finished Mark Whitten online course.

I need to better understand my financing options before getting too far into the process.Details:Purchase Price: likely $70,000 - $75,000 (currently in online auction)Reno Costs: ~$35,000ARV: $135,000Right now I can put 20% of the purchase price down with no issues while still maintaining 6 months of PITI reserves. 

Some places online may be cheaper, also depending on the amount you are planning on getting will be able to lower price pretty much. cheapsigns.com does 100 sings for $199. 

I had originally looked into multi-family units as a possible stepping stone into commercial real estate down the road but was dissuaded by some of the online reports I found regarding crime statistics in the neighborhoods I was canvassing.

That would probably your best bet. 

As a community i bet we would all crowdfund a project with a quick turnaround (3-6 months) in between our deals for a reasonable return (5-10% depending the experience of the developer)2.

Just get a state-specific month to month lease agreement online (BP has them) and have them fill it out and sign it.

I bought a home at auction, everything is online.

LA around the metro stops there are a lot of developments coming online, I can see multifamily in those areas getting into the oversupply territory.Where in LA are you looking?

No online forum can replace real personal/professional expertise.