A gentleman by the name of Ben Hedges on youtube is an expert on a lot of this stuff, maybe give him a watch.Also it's important to say that while getting a credit card through a bank with FDIC insurance isn't a requirement, it says a lot about the bank itself and I don't really know of any good banks that don't have it.

(which requires the tax account number)3.

You will be shocked when you see how little management it requires.

I like that new builds don't require a lot of maintenance (although we had to put in a yard which was more than I expected).

Of course.The thing with having a real estate portfolio that sustains you long term requires knowing the risks, structuring things for more surety, and knowing how much work will continue to be involved.Personally, I think out of state investing is very risky, so I like to invest close to home.  

If smoking does occur on the Premises orcommon areas, (i) Tenant is in material breach of this Agreement; (ii) Tenant, guests, and all others may be required to leavethe Premises.

You would need to see if there are any seasoning requirements with your HML.

Hi Alex,It could depend on your experience - if you have a lot of experience in heavy rehab/construction you will (1) be qualified for the loan as construction loans require substantial experience and (2) feel more comfortable taking on the loan.

Do you still use a regular purchase and sale agreement with the original seller with any included addendums specifically for wholesaling, and are you legally required to verbally disclose to the seller and buyer or do these disclosures just have to be in the contract itself?

In Arizona minimally you are spending at least 300k for a decent rental 3bed 2bath 1500 sqft and on avg at least 400k which is going to require minimally 100k down and closer to 150-200 if you want to cash flow where avg rent is the 2300$ range.