My main goals are to find properties that offer good cash flow (preferably hitting the 1% rule) and have stable growth in property value.I've been considering a few cities and would love your input on them.

Since the start of the year, I've read a handful of BP books:- Rental Property Investing (Brandon Turner)- How to Invest in Real Estate (Brandon Turner/Josh Dorkin)- Investing in Real Estate with No (and Low) Money Down (Brandon Turner)- BRRRR (David Greene)- Multifamily Millionaire Volume 1 (Brandon Turner/Brian Murray)- Start with Strategy (Dave Meyer), currently readingI was thinking of using the equity to BRRRR small multifamily properties and combine some concepts from both the BRRRR and Multifamily Millionaire books (specifically making cash offers via HELOC to secure distressed properties, ideally vacant to set market rents).

Purchase: He says banks don’t offer 30 year loans for CRE.

What happens if he fails to finish the job?

All these PMCs are essentially bidding on a job, like a contractor would, and the ones that have responded have had no issues in asking us to set up a time to meet.

Unfortunately we cannot offer the full asking price because we are not approved to do so.

I like starting in the Midwest because it's affordable and offers good cash flow.

Any guidance or advice you can offer would be greatly appreciated as I take this exciting leap into the world of wholesaling.

It always helps to understand supply and demand.A few years ago people in this forum were saying Austin was on a rocket ship to the moon because of all the tech jobs moving in. 

Offer seller due in four years balloon, 30 year amortizing payments at 5% in writing and see how they counter.GET QUOTES for hazard insurance NOW and have agent walk the property.Well?