But before jumping into Pay Per Click, it is VERY VERY important to know exactly how to use it effectively and efficiently. 

However, if you have excess depreciation from other properties that excess depreciation is applied to the capital gains making them tax deferred.Ultimately, your taxes (long term capital gains + recapture depreciation) are due in full when all your properties are sold.However, if you keep reinvesting you can effectively defer taxes forever similar to 1031.DISCLAIMER: I am not a CPA and this in not a tax advice.

But when used properly (ie in accordance with the law), LLCs are equity effective at protecting personal assets.

Over time, I just base the number on experience and can get pretty close to what it will be later on.Now, as far as your deal specifically, higher valued properties usually don't rent as effectively as lowered valued properties. 

Please assume the perspective of an investor looking to purchase this contract.The Deal:Purchase Price: $38,000ARV: $100,000Comp criteria: < 1 mile driving distance, 6 month time frame, 3 bedroomStill need to adjust comps - in progressEst Rehab: $20,000Spoke with local contractors regarding price / sq ft of various tasksSpoke with home depot in area for material costsBack Taxes: ~$2500Basic Info: 3 Bed, 1 Bath, 1600 sq ft, 50X80 ft lot, Built 1900Area Statistics: $78 Median Listing Home Price/Sq Ft ($78 X 1600 = $124,800)(This is taken straight from Realtor.com for East Linden Ohio)Notes:New water heater (Permit)New furnace (Permit)New windows, doors, windows (Permit)(Siding was in progress then contractor disappeared)Second plot of land included next to propertyCritical Questions: What would be a good resource to learn "Wholesale Wording"?

I've researched doing postcards, SEO, bill boards, and even radio ads; is anyone doing these and are they effective?

@D’Andre Legrand - more effective is a hard thing to answer.

I'd rather pay less for the first home than have to come out of pocket for renovations.The reason I asked this is because there is a 3b 2b for a decent price in Ridgway where I live...now it's typically rlly expensive here....the 3b 2b that popped up is a trailer/modular home on a small plot of land.

Make sure you have plenty of coverage and you get soil condition reports before making building because it may effect what you do.Keep all of the reserve money for nature-related damage just in case you need it.  

The draw to this property is that it sits on a ridge top with beautiful views, has wildlife feed plots planted, conservation pine forests, pond, etc.