Also I will be purchasing these properties remotely (from my location) relying solely on pictures and videos.

Thank you for the information it has provided clarity on a few numbers I was still having issues understanding.

Hi @Benjamin Cowles, you might find this video helpful:

Here is a post with a link to a video of Jeff Watson, a real estate lawyer and investor, discussing wholesaling with a couple Ohio regulators:  Watson and Ohio Regulators on Wholesaling .

Spend some time every day on BiggerPockets connecting with colleagues, perusing blogs and videos, and engaging with others on the forums: http://www.biggerpockets.com/meet9.

I have read books, watched videos, attended webinars and so forth.

We're almost finished reading the Beginner's Guide to Real Estate, and we are researching and watching as many videos as we can before we actually go and obtain our license so we'll already have prior knowledge to the Real Estate Investing.

I have posted a video helping illustrate the situation and to provide a visual.

@Mindy JensenThank you for the article,  It provided a ton of clarity!

You will have to know how to dominate your local market on social media, search engines, forums, blogging and videos just to name a few.