Them just like any other wholesaler (including myself) you should run your own numbers.  

I'll play devil's advocate, at that price you might as well invest in multifamily units. 3-4 unit properties are selling in the low $200K and with an average rent of $700/unit, you get better cash flow and spread out risk (1/3 units vacant versus the house 100% vacant.)You do your inspections and make necessary improvements upfront to offset the risks with buying a "used" property instead of brand new construction.Alternatively, how much of a price difference between new construction and a remodeled home?

"And/or assigns" language is included after mentioning the buyer's name or entity throughout the agreement.

Through networking, one may find off-market deals and get recommendations from others who find motivated sellers or distressed homes.Internet marketing: To establish contact with possible sellers, make use of internet resources including social media, real estate websites, and forums.

Brand new investor here.

Plus those numbers probably include licensed property managers who don’t focus on sales.

I'm brand new to investing (aka no experience, no doors) and have heard on multiple podcasts that short term arbitrage can be an effective way to get started.

Our long term goals are financial freedom, including matching my current salary with rental income in the next 4 years. 

Especially when the print ad can include up to a dozen homes.

It may or may not include Liability coverage so you may need a separate policy for the Liability