@Kristin Vegas NARPM standards highly recommend PMCs provide copies off ALL receipts to their clients.Going to guess your PMC is a one-man operation or close to it.

The few lenders that offer no seasoning, they typically make you pay for it in high rates / fees.

In North Jersey, buying is difficult from my beginner perspective with high prices, property tax, etc.Barrier to entry feels high in my area.

You also will still need to manage your property manager  - ie, stay on top of expenses, ensuring your property is being managed effectively etc. 

@Hassan KareemI highly recommend attending local networking events to connect with experienced investors and vendors.

Plus, these properties are usually sold as-is, so an inspection wont change much.What experienced Flippers Do InsteadBring a Contractor Instead A 15-minute walkthrough with a good contractor will tell you what you need to know.Know Your Numbers Upfront  If you price in a repair buffer, minor surprises wont kill your deal.Use the Inspection Period (If Allowed)  Some wholesalers offer a short due diligence window use it wisely.When an Inspection Makes SenseIf you’re new and not confident in spotting costly repairs.If its a high-end deal or potential structural issue.If your lender or partner requires it.If you do need an inspection, find an inspector who moves fast and work directly with the wholesaler to coordinate access.

-You don't really know how high of a price you will net unless you go to the open market.

A high property tax rate will increase the taxes more quickly as a percentage of total expenses when the property value increases.

I have to check on codes/laws/regulation, but I know CA is on a high of making thinks convenient to build those at the moment.

It's 400 sqft and high end finishes.