The only thing I would like to add... in my area,  the process of turning in their paperwork, waiting on the initial inspection, then attending to the initial inspections "fix it" list, then re-inspection, can tie up your property for 6 weeks before you actually start getting rent.  

Hey there, Travis, I wasn't in your shoes long ago!

In feng shui, when you are renovating or building a home, placing lots of coins (tied with a red string) is considered an excellent way to enhance wealth luck.

I have been in your shoes and I will be happy to give you FREE advance and help you jump into action quickly...317-645-3100

Not tied to property, based on credit score and credit profile (# credit cards, limits, length of relationship and % usage of total limit).

I have private investors but they are tied up in other projects and unable to lend.

Yesterday, I was visiting my mentor looking at a property he has some ties to.  

Pro's: - If I go to sell down the road, I can sell the properties individually providing more exit strategies; I will still hopefully get a decent amount of cash out; interest rates will probably be lower than going a commercial loan route; the market has appreciated about 150-200% since the time of purchase on the properties; self amortizing terms; lower closing costsCon's:- Probably not going to be able to get max dollars; still tied down more to market comps rather than NOI; Debt to Income ratios might prove to be a barrier; potentially difficult to find a willing lender with a good loan3.

Risk (#1 is most paramount, R & O are tied).  

All the deals we are looking for are off-market opportunities that real estate agents rarely see.That said, most "wholesalers" are "newbies" that often are just fumbling around, tying up properties with no good plan on how to consummate the deal.GOOD wholesalers are excellent marketers that have a large list of REAL cash buyers.