I know the different types of investing and have chosen my niche, which is of course (wholesaling), being the reason of choice strictly from financial lacking.

I know the different types of investing and have chosen my niche, which is of course (wholesaling), being the reason of choice strictly from financial lacking.

Also, because in Santa Monica/LA area it IS difficult (read: miraculous) to get the 10-15% COC returns you're looking for, the trickiest part might be finding/trusting that setup Team local to your yet-to-be-chosen investing location. 

Hey @Parker Cox ,It sounds like you have chosen quite the property to pursue for your first bought-at-auction Real Estate.  

After seeking the estimate of several contractors that mostly turned out to be less than professional , I have chosen the one for this project.

There are 20 million houses Travis That have very little equity and these houses sometimes are on quiet streets and they need no work and they are paid up so they're not in trouble, not distressedYou make money by being a problem solver for the seller and making 3 per cent as an assignment fee.What a lot of people don't realize is sellers need help but they don't understand the costs to sell with an agentCosts to sell include commissions, closing costs, sellers concessions, spruce up costs like paint and landscaping, and vacant house while the house is being sold through the agentI describe this in a long post in the starting out section of the forms, so look for that long posters a few hours involved thereBottom line here is the spring is going be really tough for real estate agents in general, and if they would focus on helping sellers selling on terms verses for cash they would make a lot more moneyAn agents would make a lot more moneyAnd buyers would get their dream home in their chosen neighborhood in their perfect school district today, not making some landlord in some crappy apartment or rental house :)

To start, I have chosen my first niche and method (SFH wholesaling) and am ready to begin but do not have a contract drawn up.

If none of the above options are chosen, how would it work in terms of actually selling the house?

Enjoyable was a poorly chosen word on my part.

All the best in your chosen endeavor.