Most of this consisted of taking down existing wood paneling and prepping the walls to be painted.Next week the bathroom will be completed and the 2nd floor and first floor will be primed and painted as well

My business plan will have me wholesaling until I know marketing well enough to consistently generate the number of quality calls I need to hit my wholesaling revenue targets.

No one wants to give someone money to practice on a new strategy.  

Practically speaking, that means that any safety issues (unsound structural items, unsafe wiring, etc.) and "broken" systems of the house (plumbing, heating, insulation, etc.) will need to be fixed.

We want to structure it right from the beginning so that we are able to find someone serious and can have them put out signs consistently each weekend.Any advice would be greatly appreciated.

yes this is a great idea and would help those looking to make connections in other cities and find agents whose practice is investor based

Advantages are that its typically simpler and can be faster than a formal probate, however it still requires noticing DHCS (Medi-Cal) and other creditors, so from a practical standpoint will require six (6) month for your seller to get thru court.

That doesn't mean you can't start marketing for properties, the practice will be good, but I would suggest not pulling the trigger until you have a mentor or 3 more months worth of diligent study. 

At the very least, you would have to scour REO listings, auxtions, tax sales, etc, or work woth wholesalers, who aren't likely to make you a priority, because you aren't buying consistently. 

I love the idea of offering my time to perform open houses for other agents in my market in order to practice my communication with clients, build my own leads list and just to get my name out and network.