If you don't understand some facet, ask questions, don't pretend that your feelings will be right because you lack knowledge and fact's on something. 

The #1 reason people are poor, is lack of skills, knowledge, wisdom. 

I would encourage you to sit down with a couple of real estate salespersons and choose one based upon experience as well as knowledge of the area. 

This takes time and knowledge.

With a background in residential real estate, I’m eager to expand my knowledge and build connections in the industry.I’m especially interested in networking with like-minded professionals who are passionate about creating value through real estate.

If you live there you probably have a good handle on the subtle market dynamics.One significant risk of buying any property out of state is that you have a lot less knowledge and first hand experience with all the nuances of that specific market.

Brendon congrats on the purchase.To my knowledge and from experience you should charge late fees if they're late on their portion. 

The wholesaler created new terms with the tenants and the wholesaler plans to hold it so that the new loan gets seasoned, before selling the note.I opted not to get involved and have started my knowledge building into private lending.

I am on Bigger Pockets looking for everything: knowledge, partners, leads, financing, and other team members. 

This is just one example but without some intense research online you may not learn this, but by speaking with someone very knowledgeable in your chosen areas you not only save time but may find even better opportunities.Best of luck!