Like me, have no money and limited (if not any), experience in the renovation and reselling processB.

Hi Marcel, If you have to come with the funds to buy a property, then resell it to another buyer.

I don't know what area to start in whether wholesaling or purchase to rehab and resell, I have way more questions than answers!

There's no statutory hold period but the general definition of a flipper is someone who purchases with the primary intent of re-selling. 

@Jocelyn Conner  of all places I used to fund a fix and flipper in Vicksberg.. he did pretty well actually and I have been there many times.. there is an airport there so I would fly in and spend a few hours with him.. but to resell retail you really had to doll them up..

@Steven FileCreative Financing involvesAcquiring properties sub2, lease option, wrap, land contract, installment sale on free and clear propertiesGetting Private Lenders - learning about self directed IRAs, paying all cashGetting Joint Venture Partners from business owners, paying all cashCreating Joint Venture Partners with home sellers that are not wholesaling candidates - minor repairs - Give a note to home sellers, fix with private money, resell, pay off note in 4 monthsWholesaling to All Cash BuyersNone of these strategies requires personal credit or banks or personal guarantees.See http://www.biggerpockets.com/blogs/3-reiskills-and...Don't be a One Trick Pony, Be a Transaction Engineer :)

Maybe a small industrial or office or retail building comes available down the street or one or two towns away that is just too good an opportunity not to buy and then improve, fix, re-tenant, and or then re-sell.

Learn also Sub2, JVs with sellers on minor rehab (give a note for equity and resell), lease option assignments, Get private lenders for minor rehabs, learn how to negotiate terms deals.

@Adam BossenI coach wholesalers scale their wholesaling business by using their same marketing dollars and doing more with those dollarsThere are deals out there but you throw the leads awayFor instance let's say you had a light rehab and 100,000 needed 5000 work70% of the hundred thousand 70, subtract 5000 for the work, and subtract 5000 for the Wholesaling fee and you left with 60You can JV with that particular home seller and use your money to fix it up; you figure out the closing costs and sales costs, get private lender money and pay the interest, fix it and resell, you pay the homeowner when it resells, no payments to the homeowner until it sellsSay it costs 10% to sell, 5000 in work, 10,000 in a JV fee, net to the seller on the joint venture is 75k, better than the Wholesaling offerFor houses that have no equity but they're pretty and don't need work, are in good areas and have good schools and low crime, you can buy on subject to, buy on a wraparound mortgage, or do a lease with option and then assign the deal.

I have a few exit strategies in mind, but thinking about selling it as a turnkey rental.Does anyone have suggestions on how to properly price a turnkey property vs a standard resell?