It may be a good exercise to continue with your estimates just so you start to get an idea of what it costs to rehab properties.

In the podcast, the interviewee talked about setting 100 goals with something about the big-picture and value of doing the exercise rather than the individual goals.Specifically, I'm less interested in goals as tasks.  

Do I physically have to own the property with other financing in order to get it under contract? 

@Lance Stull You can wholesale in another state, you just need to comply with the state laws where the real estate is located.I've found it's much easier to wholesale locally, as I can evaluate the physical condition and location of the building much better.

As long as you make timely payments and have proper insurance on record with the bank it's highly unlikely they will exercise DOS - IMO (not legal advice).

I then have separate checking accounts for each of my physical properties for inbound rent.

It pushes a person both physically and mentally to their breaking point.

Physical - A thorough inspection of the site, inside and out of all units and grounds.

What you need to do now is look up the address on the property appraisers website to see if the physical address and the owners mailing address are different.  

I'll just ask my hair brained question in the forums.However, the thought exercise of the apartment+car has lead to over $825/month of additional income for me.