Request a copy of the lease for your review if you decide to offer.

I'm happy to talk through some options and what this area has to offer. 

Talking to an agent in your area that works with first time home buyers would be a great way to learn more about what your local area has to offer. 

You can always write a long closing if you need more time but don't let the seller change his/her mind.However, I am going to offer an opposing view to the STR idea. 

So, dive in, stay curious, and make the most out of what Bigger Pockets has to offer! 

From there you'll need to determine Debt Service (if it's a financed deal) and Capital Expenses, to then calculate Cash Flow.The Cash-on-Cash Return (CoCR) will just be Cash Flow divided by the All-In Investment (Purchase Price + Renovations + Closing Costs + Wholesale Fee).If you're wholesaling these deals, I recommend you aim to offer your buyers a Cash Flow of no less than $250/mo and a CoCR of 10% or higher.

Another way to find a mentor is to try to offer them help and something of value so you can learn and also help them in return.

Obviously I don't have much to offer currently in terms of local knowledge but I love connecting and sharing info and plan to be a valuable and helpful part of the investor community there. 

(Wall Street doesn't even come close to offering that deal!)

They will trust a stranger on the Internet to answer them, but then they will also ask for a free thirty-minute Zoom call to talk about it without anything to offer in return.