Other than that its really just overcoming any of the strange obstacles you might encounter along the way.

What are the obstacles you've encountered?

Not so even a few blocks north in Pacoima, though.Cap rate is really only relative to the market you're dealing in (unless you plan to purchase unlevered).Knowing your market cap is similar to knowing that a bread and butter 3+2 in a certain area is worth X amount of dollars; you can ball park a value based on the market but it's still subject to condition, location, and any other factors.When wholesaling apartments you can make a very sizable fee by tying up a deal for a few tenths of a cap rate below market and then flipping it with a complete due diligence package.

After making mistakes, remembering the hassles I encountered due to some of my decisions, I was better able to draw upon experiences and relate them to callers and weave these stories into the way I communicate with would-be sellers who are/were astonished that I was unwilling to fall all over myself to pay what they wanted for their home. 

The document package contains financials as well as covenants and restrictions, rules, minutes of Board meetings, etc. 

What's to be noted is the lack of creative direct response envelopes or clever packaging to get recipient's attention and get opened.

Here’s an overview of the deal:17 SFR’s originally marketed for $858K ($50.47K/unit average)$11.6K/Mo total income ($682/unit/month average)Agreed packaged price (as-is) = $632KARV (based on BPOs) = $780KRepairs = $35KWhile I don’t know how much the wholesaler had the initial properties under contract, I do know that the price we are now negotiating is well below whatever the numbers were.

He uses multiple software packages that integrate together to manage his leads. 

Also, your hypothetical deal package can be reused once you have the deal by swapping out the "fake" data with the real thing. 

I was looking at different loan packages I could use to purchase and renovate the home.