So go through all the due diligence (even if it is just going to be for practice at the end of the day and perhaps not as it just may end up as a deal for you).

Also, I believe the standard practice is to have 6 month leases with higher rent from the jump due to their short-term flexibility so in all likelyhood the rent would remain the same if someone went from a 6 months lease to a 12 month lease (with me raising rent)

Its a great read about market cycles and best practices/strategies for each part of cycle.

Hello everybody,I’ve done all the reading and practice analyzing deals and I am finally comfortable to start taking action.

Is having an inspection a good practice and acceptable for all wholesale and off-market offers?

As I am not a licensed broker, if I was to do it for someone else it would have to be a joint venture where I owned at least 1 share or 1% of the units as otherwise it would be considered practicing real estate without a license.   

Its just a good business practice.

If yes, please list recommendations if you know of any practicing in South Dakota. 

Tons of turnkey opportunities out there.If you buy turnkey below are some best practices that you can employ so that you can best protect your capital.Don't buy in the roughest neighborhood in the urban core.

Networking is always a great practice and you never know who you might meet there and what good information they have to share.