If you're a single mom with student loans, a car payment, and living paycheck-to-paycheck, then $20,000 would be devastating and a reserve is critical.

They have different payment methods, payment plans, payment requirements, charges, marketing needs, reports, etc.

They announced last summer that for the first time ever searches from non-medical personnel exceeded that of medical travelers and yet they still haven't really pivoted.

The typical wholesaler is cash/hard money only, non refundable deposit, no inspection period and you pay both sides closing costs.

"unable to provide proof of income documents" ect. the application fee is non refundable . . if you have further questions, email here.Overall, I think you should develop a screening process.

There's down payments, closing costs, and then holding costs, plus miscellaneous costs. 

Down payment, hard money, dscr loans, helocs. 

but if they cannt afford 20% down ($60K), they are a high risk of not making payments; and there are legal costs to foreclose and get your property back

You can also get a personal loan up to $50K which typically is to pay off credit cards debts, do renovations etc, but it can also be used as a down payment.

Even if you create a non-CA LLC, if you are managing the business from California, you will likely be deemed to be "doing business" in California and therefore likely subject to CA taxes.