So if the $25K offer was accepted, that puts it at the 1.6% value (according the purchase price/rent rule...that I learned from BP).Probably overthinking it, but I'm also very eager to use the BP forums as source of community advice.

@Caroline Hires Just a thought, from an online marketing perspective, I googled "how to invest 100k" and didn't see any top-of-page advertisers - you might bid on that keyword (or similar), create a short landing page making the case for why investing in real estate with you is a good idea, and how to contact you to chat at the local Starbucks.

One specific question I have is about how to create wholesale contract so if anybody can help me out with that, that would be amazing.

Rule of thumb gas is generally the way to go cost wise your tennants will thank you when their energy bills arrive :)Thanks,MH

I'm a current college student looking to create a foundation in which I can begin to build cashflow, longterm wealth and create lifestyle changes for my family and loved ones. 

I need to relearn the new rules and methods that work for todays investing market and my region.

The rule of thumb is that you make your money when you buy the house; in other words, it is imperative that you buy the property for the right price so that you can make your repairs and face obstacles and still come out ahead in next to all circumstances. 

However, once I graduate I would love to jump right into the real estate investment market and create a living for myself. 

FHA is strongly enforcing this rule.

As a personal rule of thumb, I will only work with local lenders that I've seen around for more than 1 year and have had a face to face conversation with.