As the saying goes, "you don't know what you don't know" There is no substitute for experience, and if you don't have it, find someone that does to work with, you won't regret it.

(A recorded trustee's deed (or similar alternative) confirming the amount paid by the grantee to trustee may be substituted for a settlement statement if a settlement statement was not provided to the purchaser at time of sale.)

The best thing you can do long term is get more familiar with rehab costs, and while reading books is a good first step, there really is no substitute for experience and learning to 'see' all the hidden costs. 

While in the process of initiating FC on a second mortgage, I was scanning Netronline and noted that the first mortgage has recorded a Substitution of Trustee that recorded in front of our SOT. 

Understand further they are no substitute for sound business practices and solid integrity.The main reason wholesaling has come under scrutiny is because of people out there practicing it who lack one if not both. 

There isn't going to be a substitute to find out what is a solid cap rate in a given area without having someone who is knowledgeable about that given area involved.

https://www.biggerpockets.com/forums/88/topics/358306-va-assumption-substitute-of-eligibilty

Restoration of previously used entitlement is possible if the property which secured the VA-guaranteed loan has been sold, and the loan has been paid in full, or an eligible veteran-transferee has agreed to assume the outstanding balance on a VA loan and substitute his or her entitlement for the same amount originally used on the loan.

@Jeff O'Shea - The primary benefit of an LLC is asset protection, so you are on the right track to substitute that with an umbrella coverage as you load up on your Freddie/Fannie loans.  

Is there a substitution for a driver’s license?