(I'm in a medical profession with plenty of school loans to pay back) I'm going to try this game out and see how far it gets me.  

@Talmadge Lee Welcome to the investing game!

There is a further discussion to be had about protection from establishing LLC's but then there is a counter discussion on piercing the corporate veils and getting to personal assets.

Why not skip the "Wholesaler" JOB, and go straight to the end-game:- becoming a Buy-to-hold INVESTOR?

.@ Jim, I am assuming you have to have an entity (LLC, Inc.) established in order to apply for a business loan?

Numbers look fine though if that's they actually check out and he has some skin in.Best, Not really, his business is in another country, so is his cash, that is why i told him to buy the land in cash to get it free in clear (not sure if that's enough skin in game).

Gotta have a thick skin in this game!

I am basically at the very beginning of my journey as I have recently just started establishing credit.

Do not force a deal because you feel others are competing or it is a game to get this particular house. 

I've been on the  repairs side for a few years now and I'm ready to get in the game all the way.Hoping to learn and connect with others who are in the same field and could help out in any fashion.