The first step is to set a very specific goal, or the next step on your goal toward that journey. 

Does anyone know or have a template for joint venture contracts specifically tailored to co-wholesaling?

Specifically Troy (metro Detroit area).Just trying to soak up as much knowledge and experience as I can.

When people mention the "1% rule" you usually want to consider 1.2-1.3% as a better rule of thumb before you dig into numbers on a specific property in Allegheny County (IN case you don't know what I'm talking about: https://www.biggerpockets.com/blogs/7325/46689-the...)The taxes are higher than most areas.

I suggest reading BulletProof Title Due diligence as it goes through specific documents you may need and when you may need them.

(bold is from me to draw attention to that specific line) I will send login information via email shortly. 

If you have a home with a lot of bedrooms in East Amherst by UB North it can work but, that is a really competitive market with a lot of student housing, doubles specifically dedicated to student housing but, privately owned, etc...I own one by UB South that is a 3 bedroom with a finished basement that rents for $1,350 + all utilities .

Use them with caution and understand that most of those reports aren't specific to your property.

Speak with a CPA before attempting this, because the IRS specifically mentions multiple passive investment properties are required to qualify for this deduction.Best of luck, and I hope you find something here helpful!

They won't talk to you about a specific property or even one off notes.