This would absolutely not fly in my jurisdiction... but that's not saying anything about yours. 

They offer hundreds of hours of on-line classes covering a wide range of topics plus numerous live classes (mostly in Texas) and as long as you are a member in good standing you can always call a mentor for advice and ideas.My wife and I have been flying down to Dallas and Houston for years to attend their live classes and have invested in properties both in Texas and in our home state of Michigan.You asked for numbers, so here are some numbers. 

i get the 2% rule. but that just dosn't fly in my area. 3 bedroom home with pool that cost about 200-230 k are renting out for about 1500 to 1800.

So  instead of flying out and evicting them, we let it slide, hoping for the best.

Fly out to meet the agent (and contractor, property manager, banker, and whoever else you plan to work with). 

I would not let that fly right now. 

In this market, an aging and raging real estate bull market, your wholesaling strategy is akin to trying to catch fire-flies during the day.

So you just got your pilot's license and you want to fly a 747 filled with passengers?

I reckon it's weird that the policy of Homestyle Loans (a Fannie Mae product) to lend 65-95% LTV (with caveats) to Investors, seems to fly in the face of their normal 15% minimum down.Please let us know if you're successful in exploiting what I see as a Fannie Mae loophole!...

Take the time and spend the money to fly out here and stay here for a week or so and drive around town, walk around the areas and get a true feel of the streets, neighborhoods and areas.