Marcus for context.. in 08 Ms.

Like in MS its quite common to transfer title that way and title is insurable in other states your right all the quit claim did is release an interest . 

This formula incorporates additional factors and expenses, many designed to consider parents’ financial needs.The Percentage of Income ModelLast but not least, six states (Alaska, Mississippi, Nevada, North Dakota, Texas, and Wisconsin) use the percentage of income model.

I had a client in MS that got stung oh 10 years or so ago..

I am about 30 minutes outside of Jackson and wanting to invest outside of the city of Jackson, but still in the Central Mississippi Market. 

I just had a conversation with an investor agent in Jackson, MS who is getting deals within the 1% rule from local wholesalers.

From Miami Florida but looking to invest in Mississippi, Alabama, Michigan to begin.

Lubbock has a low barrier to entry and has several backup economic drivers by being the primary hub (agriculture, financial, healthcare, material goods, transportation, entertainment) for an area the size of most states east of the Mississippi.

Real estate was cheap in Mississippi, and I could purchase the home with 10% second home loan.

Here is an example of what can go wrong with a new wholesaler just like you... check out this crazy thread (it's worth reading the whole 8 pages here: https://www.biggerpockets.com/forums/93/topics/889922-i-got-... and here is the summary: brand new wholesaler got a "virtual wholesale" deal under contract in Mississippi from NYC.