Furnishing a place is freaking expensive and tedious.

He weighs out the pros and cons of each action with you, and does not recommend expensive asset protection measures if the benefit doesn't out weigh the cost. 

I understand I may have to pay some expenses out of pocket but in few years with increase in rents, property appreciation and tax benefits can help in long term.

rents are higher here by far one of the most expensive markets to live. lease price per square foots can go as high as $8 per square foot. if you live far away it'll be cheaper or you'll be living in a older unit. depends on your budget really 

we have an tenant who is 36 she works two jobs and had medical expenses for an emergency room visit.

A hard money loan can lend you up to 100% of purchase and rehab money as long as that is lower than 75% of the ARV (After Repair Value) of the property.

After the initial expense I'm still looking at an older roof, windows, and various other needed updates, not to mention what I haven't found yet.

The rental market in the city is tight right now, making it difficult to rent to cover expenses.

If you already have a group of investors you work with, understanding their capital reserves, risk tolerance, timelines on return, and various other factors to help you understand what properties will be good deals for them and should help you narrow down your scope.When thinking about what tools to use, think about what you need to get done.As a wholesaler you will need to find leads on potential investments, run numbers on investments, put together investment packages for your investors, etc.Lead Generation:- Can be done on MLS, Auction sites, etc but remember competition will be high here- Pre foreclosure lists- Drive for Dollars- Social Media Campaigns - Billboards & signsProperty / Market Due Diligence:- Bigger Pockets Tools- Air DNA- Reventure App If you would like to connect and discuss in detail I would be happy to brainstorm.Good luckEach market is unique, but the goal when starting out is to minimize expenses while maximizing learning opportunities!

Seller wouldn't go lower on my offer price so I walked away on SFH #1.