The main advantage purchasing an existing facility provides is some income while you are stabilizing the property; even if the owner only has 30% occupancy, that's better than starting from scratch with debt service payments.

So you open up a new bank account in CO, and give someone you know in Colorodo ATM authorization to use your debit card and put a prepaid amount on there for them to buy groceries each month as a tip for doing you the service. 

Even if you are in a smaller market there are multifamily brokers that will service your area.My biggest caution to you (agreeing with @Troy Ramey) would be to make sure that you do not have any real estate agent or commercial multifamily broker exclusive to finding deals for you.

streeteasy.com is the best NYC listing service. 

This helps to elimate service being cut off and then going through the hassle and expense of having them reconnected. 

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my own personal advice is to see as many properties / deals as you can, this way when you see a true value property you will know it is the right property... like in the books - the more properties you see the more trained you are in finding good value. value can be found nay where.

My background is in emergency services (including fire department) and I've done victims' services for a Fire Department for a number of years.

You can estimate a specific job, like replacing carpet, or a project, like a bathroom or kitchen rehab.Here is the site.https://www.homewyse.com/services/index.htmlIf it's in the ballpark, then it seems like it could be a useful tool as you're getting started and looking to run numbers to make offers before you have a lot of deals and experience under your belt.

it is also difficult to engage in wholesaling with your IRA without providing services to the IRA, which may be why your current custodian is not willing to process such deals.Short term gap funding to an unrelated wholesaler or other such strategies may better fit within an IRA, where everything needs to be very much at arm's length, and where passive income is tax favored (as opposed to trade or business income such as this).