I went ahead and set it up as a multi-member because i have my cousin as a partner on this first one.Then, after some sole searching, decided that maybe it would have been better to set it up as Sole-Proprietor.

@Lella Bennett Answer from a very trusted Title source that has nothing to sell you or gain by this:They are not covered anymore as the LLC is a completely different entity so it is not considered "Arm's Length".

The sales paperwork said the property had a source of water that met the city drinking water quality standards.

How the income is sourced is what matters. 

You will need to source the funds for Downpayment on conventional market, even if you dondelayed financing 6 months later you still need to source the funds you used for the purchase. 

I already have set up my CallRail account, my skip genie, and my list source. is there any software that is necessary for the wholesale business.

Hi Roya...I am a buy and hold investor in Columbus and Westerville and I happen to also be a realtor with a sole focus on working with investors.Steve Ricker

Another good source of quality tenants can come from referrals of your existing tenants.

If it's from a HML source then it's not an actual cash offer. 

For example the amount of your income is not the only issue you face but also the source of it.