I’ve been fortunate enough to find a mentor who is showing me the ropes and is basically giving me cuts of his deals that I am working for him but we’re going about it as a JV, as it’s allowing me to learn the process of the sale, getting a contract, etc.I am also currently in the process of buying my first home and the loan application is in the process of underwriting.My question is, if I get a contract on a wholesale deal (still working on closing my first deal) and the take that to title, will that affect my loan process on my primary residence?

We pay an annual fee for this and we've never really "used" it since, fortunately, we've never been served legal notice. 

I’m fortunate to live in a country where insurance stupidity is still below apocalyptic levels.

To me that effort is larger than $30/month.I would not do it for a total expected return of $100/month, $200/month, or $300/month either but I realize I am in a fortunate position and not just starting out. 

The cost of entry is low while the cash flow is high.I found the most challenging part of BRRRRing was the renovation part but fortunately all of my properties appreciated really well so it was not an issue.

@Keith NunezI actually am doing that now in North Houston, but I'm fortunate to have a lot of former teammates who just so happen to want to live in Houston (went to college in Louisiana).

Fortunately, I have a good friend that is a structural engineer and a good contact for a geotech.The last thing I want to discover is some unknown issues that are costly to cure.

Hi Jim,The Tampa area has been very fortunate to not have any major or direct hits from hurricanes. 

Fortunately the driver locked the bus doors and did not let anyone off until the police came. 

Then we lost the deal, we held on to the bookings because we thought bookings could be transferred and fortunately we made a stronger offer and their deal fell through.