and guess what - that might be OK too - but only if 1) you're OK with spending that money and 2) the investment justifies it.

I live in FL, 2024 my first year in RE, I have a scorp private money lender/partner and other RE related businesses STR and interior design.

None really reduce the amount of money they have to come up with, but if they are broke as a joke do you really want them as your tenants?

It really makes a difference when you use pros that specialize in REI and how they can help your money work for you. 

You’ll need an agent who knows the area well, a solid property manager, reliable contractor connections, and lenders if you plan to use private money.

They are not always happy about spending money, but thank me when I get a higher selling price than what they expected.

I work in WA, not IL.Sounds like similar facts - you need to be licensed if you are going to manage other folks' property.Here, you need to hang your license under a managing broker until you can get your managing brokers license, as brokers can't touch money and do a few other things legally.If it's like WA, you will have to hang your license under a managing broker at a brokerage, and coordinate deposits, contracts, fees with them.If that is the case, ask some brokerages that will allow you to hang your license under them for minimal fees in order to be compliant.

In a really good market, an investor can achieve 1% of the money invested.

I am brand new to this app, and wanting to connect with people who have done wholesaling with minimal money of their own involved. 

Out of state investors can do really well here, but you can also lose a decent chunk of money if you buy wrong.Lots of out of state investors, especially those from California get a little blindsided because everything here is so cheap it all looks like a guaranteed great deal.