You will also need a good plan, know it front to back, maybe even have an electronic presentation with the data laid out.

make a list of all your questions and present them with your paralegalno matter what and no matter where if someone is going to sue you you are going to get sued- limited liability-that way they can not attach your personal assets that does not mean they are not able to clean out the business- I think a lot of people forget thatenjoy

All parties agree that property is being sold in present “as is” condition.10.

In Calif, we can NOT collect 1st, last, PLUS a deposit, but only:first & lastORfirst plus deposit & deposit can not exceed 2x the rentSo it's time you find your State regs on  rentals Actually, as far as I know, California allows a max. of 2 months deposit and deposit is defined as money that is not for the present month, but which would stay in escrow.

I've tried contacting every wholesaler I can in my area, all seem to talk a big game but none has even presented me with a single property yet.  

Cops were called, guns were drawn, and I respectfully declined to present my ID, because they didn't have reasonable suspicion that I committed a crime.

My impression is that there were a lot of newbies that got real excited by the slick presentation and sales pitch without realizing that they weren't getting any real education at all, just minimal exposure to the business.Now, if you are interested in marketing and persuasion techniques, it is worth investing your money to attend.

If you look on the county assessor office you will see what the present owner is paying.  

The most I can say on this deal is that I think there is a margin of safety in the purchase given the numbers presented.

@Isiah FergusonLima One has a seasoning period for their rental product according to their broker on-boarding presentation?"