Feel free to reach out if you need any local OC support.

Important Tip for Wholesalers: 🌟Before diving into property contracts, it’s wise to check your local state and county regulations to see if you need a license to wholesale in your area.

Good local lenders can pin numbers the same day based on address, purchase and renovation costs.

For sourcing deals, consider leveraging a mix of strategies including networking with local real estate investors, using online platforms like Bigger-Pockets for community advice, and exploring public records or foreclosure lists for potential off-market properties.

It does depend on the state and locality you are in.  

That kind of analysis just look at prices without taking into account the buying power of the local buyers, which makes it completely flawed.Short-term rentals haven't been banned per se.

What does your local law say about security deposit returns?

I am from North NJ so very expensive locally and not sure what type of investment to get into out of all the options.

But if they are happy with 5% then it can still be competitive for you to give them that and pay the withholding taxes because most local hard money lenders will charge much more than 7%.

I also talk to a local rental management company tomorrow to see what their projected rent would be for the property.