I have been a home owner, and have owned rentals.I have educated myself with book, tapes (Carrolton Sheets lol ), seminars, Fortune builders, Rich Dad - Poor Dad, etc.

I can educate myself on finding a good deal, but how is the escrow handled when the wholesaler takes your cash with the intention of buying the house they put the bid on? 

So glad you're plugged into the Bigger Pockets podcast - that was a huge source of education for me when I first started.I don't know a lot about the Omaha market, but familiar with reno projects and buy and hold rentals - happy to help with a few of your "million questions" along the way ;) It won't be long and you'll be the one answering questions in the forums!

It cost thousands of dollars to get started and maintain your license as well as the recurring continuing education you must put in every 2 years (at least in AZ).If you're looking to get into wholesaling or buy and holds, it probably won't benefit you as much as if you were a flipper.

Some of the costs involved are licensing fees, continuing education, errors & omission insurance, general business liability insurance, increased auto insurance, realtor board membership dues, sentrilock fees, css fees, mls fees. 

Luckily no real surprises other than the spot roof repair which was minor.It's definitely guesswork when acquiring deals quickly and on the fly, but can be at least well educated guesswork with some homework and the advice and knowledge of a good experienced contractor. 

I was CC'd in another email today so hopefully I'll get an update soon. 

From here networking and education are of highest priority!

It will cost you some money but you will also get a good education.

We have one person looking to invest with us, one family member willing to take out second or HELOC for the remainder of the funds, another wanting to do most of the work, and myself that would run the money, and day to day business operations, design ect.