Jay S.There is no need to put a lot time and energy in a deal, until you know that you have a motivated seller that has the ability to sell.

I don't remember exactly why, but I ended up going with Rentec Direct instead, which has both management as well as accounting and autopay abilities.

The ability to do all the handy work??

A lot of wannabe wholesalers run around and tie up property that they have no ability to get closed, especially on the MLS.

Your ability to network and sell will.As an agent you are running a business so think like a business owner and not an employee.Get with brokers and see what they have going on.I think the most important things are1. commission splits.2.

At some point a lender may not be comfortable with your management experience or ability to run an operation so, in that Pre stage, ask where the lender will be comfortable with you abilities.

One: go find a really good contract attorney that understands seller financing, wraparound mortgages, subject to existing financing, creating notes that can be sold in the marketplace (note brokers), the ability to repay rule from the CFPB, the safe act, Dodd Frank, TILA, RESPA, etc.

I'm leaning towards SFH for the ability to buy and sell quickly as well.I will indeed be able to get 30 year financing and you bring up a good point with the 10 max loans. 

I understand there are many factors to determine ability to rent out and value. 

I like the idea of an LLC, however I am afraid it will restrict our ability to get loans at decent rates, if at all.