If you have three people renting together, combine their incomes into one to see if it meets the 3x requirement.However, nothing is that easy.

I've invested with the same group for the past 7 years but when I joined they had been already in business as a real estate fund for 3.5 years and asked to meet withy the fund manager who took the time to tour me personally in California and hen a year later I went to see one of their bigger projects for assisted living facilities. 

@Nicholas Haubner Contact Montvale's tax assessor and building department to see it is currently classified. 

I would also try to contact the code compliance department for advice.

Called our local sheriff department.  

I suggest you start out by meeting like minded people and here is a link to a local meetup in the OC: https://www.biggerpockets.com/forums/521/topics/1225233-ocre...Good Investing...

Most newer wholesalers I meet are looking to do this just to build their own portfolio, hold on to the properties they want and capitalize on the ones they do not.

Ok, now let's look at where the Rubber meets the Road.  

I would suggest you get over to some investing meet ups in the area.

Potential plaintiffs have an initial meeting with attorney.