Thanks @Randall Williams for the shout out- maybe we can all get coffee when you've got your land legs back.

Here's a link I included to my rental analysis and assumes a purchase of $64k, ARV of $85k, LTV of 80% and includes taxes, ins., management, etc..

William Collins, Congratulations!

No answer, including mine, on a forum post on the internet, is going to help you as much as a lawyer and your agent if they are knowledgeable in the situation.

Albert Zheng if you understand Cashflow with all expenses included not the kind you tell you friends you will sell.

How much a wholesaler would like to make per deal is pretty irrelevant and a sure fire way to not sell a property.For instance, in the Las Vegas market and under current market conditions, I'm willing to pay up to 80% ARV (including repairs) on a house in an area that I like.

William Lees Jr

For example, some of my keyword alerts include "Canada", "Ontario", "Toronto", "GTA".

I would agree that if your only reasoning is to gain MLS access than its probably not worth it but as a current wholesaler I would think you could expand your business with your license and not necessarily have to get into representing buyers and seller aside from your investors, which includes the resell side commissions for your investors who could use you for the sales on the tail end of their flips projects along with purchasing the deals you find for them on the front end.

@Victoria Creighton, My understanding is that the pro-rata rule applies to ALL IRAs with pre-tax funds, including rollover IRAs.