.)-- Continue to analyze deals that you can house hack until you have over 3.5% saved for the down payment.  

I'm using the Rental Property calculator to analyze a duplex where I plan to live in one unit and rent the second. 

I took a deeper dive, and listened to may of the podcast episodes that Sean had put out, as well as the BP podcast episodes where the various methods of wholesalers were revealed in interview after interview.I found many similarities among what I'd read and heard on the podcasts:Direct Mail is a very popular way to goYou'll likely need to spend thousands in marketing dollars (most likely using yellow letters and postcards) to get the deals coming in to youOnce you get one deal, the rest snowballCommit to one marketing strategy, bandit signs may work but they tend to be the least favored here on BP (due to their "uglying up a neighborhood" and the fact that many times they are illegal and get removed)So I get the general gist of this but the questions I still have unanswered are:How does one know what is the right legal language to put on contracts?  

Sorry, I was trying to understand exactly what you are asking so I can give a proper answer... if I have one lol.You can always use the deal calculator/analyzer provider on the site to check if it seems like a great deal.you can find it here  https://www.biggerpockets.com/buy-and-hold-calculator

SO now my goal is to do one every 2 months or my goal is to find partners so I can do 2 or 3 at the same time, with that price rance of about $165-$175k with repairs... since I didn't have enough money to buy CASH a house like all investors want in California, but not a lot has enough money, I analyzed the market since last November, and found out that the Condos 1br/1ba, if I have to do buy and hold on it, or resell under the market as I did on this one, for a Buy & Hold investor, that is possible to cash flow and having a cap rate between 7% and 9%... 

If we analyze the cash flow this is what we’d be looking at though:Price $190,000 Current rent is $800+$800.

The steps are simple: get involved with that REIA, as another fellow told you, read the guides on BP, listen to the podcast, start educating yourself, and start analyzing deals.

Also, start looking at the local market and analyzing properties.

Hi BP members,I need help analyzing the follow:In Houston Rental market (suburban), most will follow the 1%...so here is my calculation for getting a rental house that can rent out for $1500/month, at $150KMonthlyRent1,500 18,000 50% rule (tax, insurance, HOA, Maint 10%, Vacancy 8%)(750)(9,000)Mortgage(539)(6,468)Cash Flow211 2,532 Price150,000 20% downpayment30,000 Closing Cost4,000 Total Cash out34,000 Cash on Cash Return7.4%Cap Rate2%If I get COC return at 7.4%, why should I or any other investors do it? 

So I have spent the last month learning about analyzing rental deals, so I can wholesale rentals.