If you need financial help, ask under the "Finance, Tax, and Legal" forum.

The suppliers say they are familiar with building codes in the US, but I still imagine there would be a lot of work to ensure code compliance, as well as installing the home on a new foundation, connect to utilities, etc. 

In that regards I would rather prefer to build a mutual beneficial connection rather than one that only benefits one side, even as a newbie there's something that can be offered that is of value.And I would rather that you're blunt rather than sugar coat things, in several discussions I found instances where wholesalers took advantage of sellers through P&SA contracts, inspection clauses and closing dates and were unable to fulfill there obligations to the sellers and preventing the seller from getting other buyers during the validity of the contract, I means it's quite unfair.But there where other instances where wholesalers had built credibility by the manner in which the death, I mean that is what builds a good relationship and make room for future referrals.I would still like to know your thoughts on Wholesaling and wholesalers, please do not sugar coat, let it out just as you see it. it.

Sure, there are going to be people who fail but if you truly try and make your best effort and do your own due diligence by evaluating these properties, inspection, ARV, etc. and really learning the strategy of both BRRR and turnkey fix and flip, it will work.You need to build a strong and trustworthy team on the ground.People nowadays quit the second something gets hard.

California offers equity building, potential appreciation, and stability, but high entry costs and market volatility are downsides.

Second lowest property taxes in the nation behind Hawaii.Montgomery county tax estimate formula is: appraised value x 20% (without homestead) x .0365

The condos here are hyper competitive and hard to get into for a deal - they just cant build them fast enough.

There are a lot of tax benefits not to do that or to wait until you're done with owner occupying all together.

@Holly RossI recommend finding an accountant who specializes in real estate taxation, tax planning and financial planning.

I am a first time rental property buyer and I have found a 16 unit multifamily building and I am wondering if this is too much to handle for a first time buyer/landlord.