No what's essential is a strong self-motivated work ethic, a natural passion to learn all about the business, the personal fortitude to fail 99 out of 100 times and still talk to you next lead like it's the first one and last but not least absolutely no morals.

Word has gotten out that rental income can be counted on 2-4 unit properties to boost purchasing power, even for folks with no landlord experience.

When done the right way (just like anything), I truly believe there's a real need, morally and ethically, for wholesaling in RE, if not I wouldn't be here.

Moral of the story, I just see lots of issues they would have to clean up before considering any real investment talks.

When you understand the growth of an area you can determine what may likely become commercial or where zoning may change and that can either boost your value or crush it, depending on how you play that game.

I'm hoping to share some motivation and inspiration to those of us who need a boost in getting a deal done.GO!

You can't pay for grit, determination, persistence, consistency and morals that will come ALL from your own made up mind.

Moral of the story, the best answer, since tax scenarios can be different among different parties and circumstances, you both should speak to a professional tax person to understand your liability.  

That is a powerful thought.If you happen to be super long term check out depreciation and 1031 tax-deferred exchange as an additional return boost.

While I agree that a local mentor who would hold your hand for 6 months is a good thing to boost education/experience, any "mentor" doing this that is found pitching said service at a RE club is likely not the right person for the job.