Hi, im new to real estate wholesaling, i just finished Mark Whitten online course.

I need to better understand my financing options before getting too far into the process.Details:Purchase Price: likely $70,000 - $75,000 (currently in online auction)Reno Costs: ~$35,000ARV: $135,000Right now I can put 20% of the purchase price down with no issues while still maintaining 6 months of PITI reserves. 

Some places online may be cheaper, also depending on the amount you are planning on getting will be able to lower price pretty much. cheapsigns.com does 100 sings for $199. 

@Ryan Stevens You can get a bridge loan or some other short term financing but you are going to play a lot for it and they are all going to require at 70% LTV so you would need $75k on top of paying upwards of 10% interest on it.Maybe @Andrew Postell has a product he could help you with.

The new ADU laws, especially for owner occupants is likely one of the best cash flow plays available to smaller owner occupant San Diego investors. 

I had originally looked into multi-family units as a possible stepping stone into commercial real estate down the road but was dissuaded by some of the online reports I found regarding crime statistics in the neighborhoods I was canvassing.

Just get a state-specific month to month lease agreement online (BP has them) and have them fill it out and sign it.

I bought a home at auction, everything is online.

@Darshan Patel Ultimately, if a NJ lawyer told you this is how it is there, then you have to play by those rules.

LA around the metro stops there are a lot of developments coming online, I can see multifamily in those areas getting into the oversupply territory.Where in LA are you looking?