Virtual wholesaleing allows me to expand my contacts list and build a bigger buyers list as well as network with other wholesalers who arnt as tech savy as myself, and link deals with buyer who other wise wouldnt know they exist.

Hi all,Hoping some of you wise investors will be able to help my current situation:- husband and I own 4 investment properties including our current primary residence (2-family)- only 1 of these properties is in my name (our current primary residence)- we have joint tax returns, so income & expenses of all showing up on my tax returns- we are looking to move, and since my husband recently moved to self-employment income, my usual go-to broker says we are severely limited on our ability to qualify for a new primary mortgage, due to DTI that takes into account all investment properties

Here is one brief rundown on New Mexico laws regarding security deposits: http://www.rentlaw.com/dep/nmdeposit.htmIt's probably wise to look up the actual written law in your state and read it all. 

@Josh Caldwell @James Wise

We don't pay anywhere near the tax rates, percentage wise, of the rest of the country (even though it takes every penny of my $3675/mo housing allowance to live our 2BR life and STILL commute)But that brings up the other question.

Couple an inexperienced attorney with a first time rehabber and the risk is rarely going to be worth it for the lender.It is important to choose all the members of your team wisely.

That being the case, do you think it would be wise to shadow a home inpector, if they are open to doing so?

Thank you @James Wise, I'm excited to get started!

I just want to be wise in finding the right balance, between distance and volume/competition, which is a challenge in rural areas. 

We assumed that forming an LLC would be the first step, but thought it wise to confirm with you experts.