However, many states now require some version of a license to wholesale, so I'd identify a market first and then dig into their specific wholesaler requirements. 

@Ricardo GonzalezMoving to Houston for your first rental is a great strategy, especially with its strong job market and cash-flow potential.

Average long term rent in my market is $1100.

However, many appraisers (and realtors, and the general population) believe that it does need a closet in order to be considered an actual bedroom - I have no clue why - it is not part of the building code!  

This causes them to add restrictions, or just pull out of the market all together.

Have you done deals in any of those markets?

I would like to start connecting with lenders, attorneys, realtors, title companies, and all other professional in the SATX commercial real estate market.  

We cap the rate for utilities and actually added about 10% above our normal average this past year due to rising utility costs in our area for gas and propane.  

Intel’s $28 billion semiconductor project in New Albany, Ohio, initially expected to be operational in 2025, has now been delayed to 2030 or 2031 due to financial struggles and market adjustments.

Rather, we use a 2-point bump in our exit cap rate with realistic/conservative rent appreciation and occupancy based upon both our internal projections and a thorough market analysis.