Hope that helps.Couple other things you'll want to think about too if you haven't already-- owning real property in another state will very likely subject you to income tax in that state such that you will also need to file a Kansas income tax return each year in addition to California.

However, in CA with the annual franchise tax of $800, additional LLCs are relatively expensive.

You may or may not be able to get it, but it's valuable to at least know what "perfect" looks like in this situation.Once we get some of these answers out on the table, we will have more to work with and try to solve the puzzle!

Wholesalers can be valuable assets to a flipping business, but generally if they are offering you a deal it's been picked over by their regular buyer list already.

My other option would be to buy a 2 or 3 bedroom single family and rent the additional bedrooms.

If you "jack" the rent up (even if you find a tenant willing to pay it), typically the appraiser will not give credit for additional value above and beyond what market rents would determine.

Sure people get notices but they get calls, door knockers and agents in addition to direct mail by the truck loads especially if there is equity. 

In addition to needing a pre-qual, I want to familiarize myself with a hard money lenders' requirements and processes, so I can jump when I need to, now or in the future.Does anyone have any recommendations?

We ended up backing out of the deal cause the additional cost to the deal at that time.  

So, can anyone give me some valuable advice on whether top companies prefer specific licensing schools or if it even matters.