In addition, HMLs will charge you interest per month (holding costs) ranging anywhere from 9% - 18% along with "points" (origination fee) - 1 point is equivalent to 1%.With that said, nowadays, most HMLs require you to have some type of "skin in the game" or a downpayment on the loan so the HML doesn't have to take on all of the risk.

So on top of finding someone that can do it, you may have to have to give your client a dose of reality.There is of course the option of finding a lender that'll look at her credit and give her a game plan to fix it.

I'm pretty new to the game and I'm wondering how much of the challenge I should take a hands on approach in... 

It's a numbers game as to how many actually close.  

I am not an agent and I don't have any "skin in the game", but there are a few properties out there that could work for somebody that has cash and time.

As long as your internet is fast (go to www.speedtest.net and click the "Play Button" to test it.

Just be wary that playing spreads in such a market is often like a game of hot potato.

Are there any seasoned wholesale investors willing to school me to the game?

Hi everyone,I found a deal that can annually generate $17k annually in rent, @ 100% occupancy, AFTER taxes, mortgage, maintenance fees, internet, utilities, etc.Plan: Master Lease Option property with a downpayment ($15K) from a private/hard money lender.

Using leverage or other peoples money (OPM) is the name of the game.