The same applies to "Dealer Status", IRC does not specify a number of deals that make you a dealer, and there is cases where 1 deal was a dealer and 100 deals was not a dealer.Both of these questions will only come up if you are audited, but you better prepare your response now while you have time to provide justification.

A degree in my opinion is just a $100,000 piece of paper that really won't help me as much as actual experience would.

I am on day 4 of wholesaleing and so far its been great but I really lik to know what is your secret weapon that makes you sell quicker and faster,so i would like to know what is your center piece that makes you always find motivated sellers that you really rely on,love to hear from you guys thanks.

Brian, as always, thanks for your vids you've included in these forums and for a personal video answer...Im piecing all of this together and will take a few practice-runs with all the paperwork needed, before game-time.

The capital gains generally tends to be higher in more desirable areas, especially where land is limited.So as an investment, a low yielding piece of real estate dis not always completely irrational as an investment and personally, I am a strong believer that in todays market with so much information at our finger tips, prices and percentage returns and yields tend to be a good reflection of risk.Just my opinion base don my investment style.

Yet nobody thinks you can build whatever you want on a piece of private property. 

And doing the actual work (PM, in this case) is only a piece of what it takes to create a successful business. 

@Brandon Forshaw from speaking as a fellow new investor, my first piece of advice is to invest in a place that you wouldn't hesitate to drive to after work (like within 20 minutes from your home).  

Break it down into more "digestible" pieces.  

We are selling a property that still in my wife's former married name, and looking to turn around and reinvest it in a new piece of property under an LLC.