I sincerely enjoyed all of your suggestions and advice.

@Raj PatIf you need a referral PM me for one locally; however, I suggest not restricting yourself to someone local.You definitely need someone qualified, does not have to be a CPA, could be an Enrolled Agent or an attorney.

Excellent suggestion, @Brent Coombs!

I think people who've been doing this a long time look for 12-15%.I would suggest paying close attention to the inspection, especially with the big ticket items that Brandon talks about in that webinar I mentioned in the last post.

I haven't tried suggesting an installment sale or done an owner carry (other than one pre-foreclosure) and have just done cash wholesaling so far.

Austin Peck we use our pro forma in excel to play around with numbers that both make sense for us and the seller.

Any suggestions?

However, as @Andres Verney suggested, if you get a percentage off of other people's rentals, and roll that into your own, that could help you on your way and allow you to minimize the expenses on your own rentals.

My suggestion is to forget wholesaling.

Most people on this topic suggest owning investment properties personally and then moving them into a corporation.