I have the funds to purchase my first apartment rental (preferably a 4 units close to West Orange, NJ).

Looking for a GENERAL guideline on current cap rates for multi-unit apartments in Riverside County and also Orange County (most likely around Anaheim).

One of them just got a job in south Orange County and is requesting to have someone else take over her portion of the lease with about 7 months until the end of the lease.  

Another benefit of the LOC is the revolving credit, same as the credit card, which allows you to reuse the money as soon as you pay it off.There are a lot of options for you and having that much equity is certainly a leg up.

Just like orange juice or wheat or pork bellies. 

Do not send over Vinnie the leg breaker.

Sometimes when you are new you have to do a lot of your own leg work.

For now, I'm focusing on wholesale to help save up money to fund my first flip.From the research I have done I've pretty much come to the conclusion that I need to start my business or form a LLC (of course for a name, website, flyers, etc.) and to start putting in crazy amounts of leg work like driving for dollars and getting some leads together and started up in order to put together a profile to find potential cash buyers..Is there any advice you could give me that would help out with the beginning stages of starting up my wholesale business?

@Michael Plante,Respectfully, does a one legged duck swim in a circle?

First some background - I have lived in Orange County/Los Angeles my whole life (school and all) and would love to get involved in real estate investing to serve as a secondary income source.