And ideally, finding out information about the income distribution of the county and other areas.

Bill mentions some of the factoring metrics.

The LLC may offer some tax incentives to you depending on other factors and you should consult an accountant as well.

There are definitely better and worse parts of that neighborhood, but in general the Northland/Forest Park area is considered high crime, so you definitely need to factor that in to your equation. $950/month renters in that area will likely be people whose credit/background info don't qualify them for better parts of town.On the plus side, that is a huge multi-ethnic area - I'm talking off-the-boat immigrant communities (hence all the ethnic groceries in the area).

But I still believe here would be an ideal place to learn more about wholesaling.

But, I've negotiated a discount with the Realtor I use and I always factor the cost of using real estate agents into my deals.I would not use a Realtor if buying from a seller I've found on my own because I have enough experience to put together a sales contract on my own.

@James Mudd That depends on many other factors.

Also, if someone is doing something commercially and getting paid for it factors into it too.

Yet if you as the buyer or seller aren't comfortable its another factor that should be addressed.Kudos,Mary

However, you should still apply the other factors like favorable references and other background checks when screening these tenants.