If you do decide to go down this road, mayby partner with an experienced investor. 

In tight inventory markets like Boston, I encourage clients to clearly define their purchasing criteria, start looking, and then be patient.Some of the best deals I have seen or experienced personally happened during unusual circumstances.

Hello Navnidhi, I have managed it myself with the help of some local people experienced in these types of projects. 

I attended local meet-ups, joined real estate associations, and even reached out to experienced professionals in my area.

They will also dictate the terms of the loan, how it's filed, qualifications, etc.However, if you mean PML as in your friends/family that have NO experience in real estate and just have money sitting around...then I would certainly to counsel you to lean on some type of mentor or other experienced investor in Houston on what to do. 

It is a very volatile industry and its experiencing diverging trends.

The more experienced they are, the harder it is for them to blame other people. 

Any advice or lessons learned from more experienced wholesalers would be greatly appreciated.Thanks in advance for your help!

I was hoping to get some feed back from my experienced colleges.

Most are opting to buy a higher priced property in better locations and with a more experienced team.