Supply in my market is very low.

There is still the issue on cost/benefit and required ongoing costs to buy and supply salt.

Be extra careful with the sizing of the existing plant before you ever consider a conversion like this.Tankless electric heaters need  high current circuits.Tankless gas heaters need larger, higher load gas supply, chimney and venting systems.The project will not be a simple plug and play.

Hell Ryan, I like your last name by the way, lolAs far I as I know the proper way to run wire is to fish it through the walls, maybe if your handy you can see what a electrician would charge just to run the wires if you supply the material ( make sure you have what's needed ) then you can install the fixtures and outlets.

You will have the following expenses even before you buy that first house.Computer for your officePrinter for your OfficePhone system in placeGas tracking expense while checking out propertiesMileage tracking Phone expenses for business calls related to finding propertiesEducational courses and books to help you learn the businessOffice Supplies, and this is just a start.  

He advised I join his brokerage firm as an agent and is confident being an agent will be easier and more profitable (more deals) when using the same aggressive marketing.This really did put my world upside down because I've always had the impression wholesaling was this glorious alternative way of generating income in real estate.Has any wholesaler/realtors go through the same thing and have any experiences they can share?

I'm looking for opinions on finding a balance between keeping some money in the bank or paying off personal debt, low interest but freeing a lot of time and working as a safety net or a nest egg for the perfect deal to snap up or investing more aggressively trying to build a bigger portfolio but undoubtedly in my case sacrificing time.

Another general question :)For those that have serious wholesale businesses, in your opinion what percent of money do you spend for all your expenses, marketing, selling, equipment, office supplies, gas etc. etc., not including taxes.So if you do 20 deals at $5,000 profit each on average and make $100,000 in one year then xx% would go towards expenses.

Takashi I am a NEW Zealander who has invested in New Zealand for many years and I also supply investment properties to overseas clients in America.

Now real estate tends to lag behind oil about a year so its possible these prices come down a bit as the supply goes up from people leaving.