I have found the podcast to be a great source as well.

The biggest thing you need to do is decide what types of properties you want to pursue.

This is our biggest expense that averaged $350/month (the highest we've had) all of last year because oil prices went up.

If you are buying from one of their referral sources, they have to get paid too.  

Without going into too many details or mentioning any specific sources that cause posts like this to get banned by BP, I'll just say that I have access to a very, very large database of off market properties and I have the opportunity to reach out to these property contract holders and do JV deals with them.

The MLS is the best data source, but you must be an agent or appraiser to access it.Always remember, one comp does not a market make.Nobody can predict the future, but we can look for signs of health or sickness.

It’s another source.  

The biggest piece of advice I can give you is to buy the best class of property that you can afford.

My sources will only help me dig up off market vacants in the hot spots so that's why my finds will always be in these established areas, but again, looks like I would be stuck with wholesaling them off or doing the flip myself?

@Travis CawthorneThese are all good questions to ask your CPA.Regarding the BRRRR method - you are ultimately renting it out so it is a "buy and hold" investment.You will be entitled to customary deductions that buy and hold investors are entitled to - depreciation, mortgage interest, real estate taxes, insurance, etcRegarding how much you have to set aside is how much money you earn through the rental, your tax rates and if your other sources of income withhold enough.