For example, having a 6 figure annual cash flow, it would be safe to purchase properties that you wouldn’t dare purchase starting out.

Today I received the loan docs and my issue is that the rate was locked for me at 4.875% which seems high.

Someone mentioned the idea of having a shared place for investors to upload appraisals that they have received for properties. 

Not only do they make sure all your i's are dotted etc but they serve as a third-party to receive the proceeds of your sale.

I completed the online application the same day and later that same day received an email back with a term sheet.

What are the annual maintenance costs?

There is some competition, they have already received at least one offer so I have decided I can sweeten the deal alittle if I offer a little over asking and have the owner pay my closing costs. 

In thischapter:(1) "Broker":(A) means a person who, in exchange for acommission or other valuable consideration orwith the expectation of receiving a commissionor other valuable consideration, performs foranother person one of the following acts:(i) sells, exchanges, purchases, or leasesreal estate;(ii) offers to sell, exchange, purchase, orlease real estate;(iii) negotiates or attempts to negotiate thelisting, sale, exchange, purchase, or lease of realestate; Does this mean Wholesaling and other dealings are considered illegal without a license?

In thischapter:(1) "Broker":(A) means a person who, in exchange for acommission or other valuable consideration orwith the expectation of receiving a commissionor other valuable consideration, performs foranother person one of the following acts:(i) sells, exchanges, purchases, or leasesreal estate;(ii) offers to sell, exchange, purchase, orlease real estate;(iii) negotiates or attempts to negotiate thelisting, sale, exchange, purchase, or lease of realestate; Does this mean Wholesaling and other dealings are considered illegal without a license?

I received a quote for $760yr thats  380 extra each house.