Also, asking for exorbitant fees up front to provide a term sheet is not legitimate or ethical practice.  

A $200,000 duplex might have identical rents in municipality “A” and municipality “B” but the property tax rates will vary, local regulations will dictate licensing requirements, labor rates will vary & the particular location will dictate insurance premiums since insurance carriers will weigh local replacement costs and whether the municipality is viewed as being a “plaintiff friendly” in arriving at insurance premiums.Better situated assets will attract better tenants.

Many banks have been sitting on 2nd liens for awhile now due to compliance, regulations, and other third party risks.

Learn how to underwrite deals by practicing.

Check local short-term rental regulations.3. 

I understand the challenges and competition in this field and am willing to put in the time and effort to learn and grow.If you have any advice on how someone in my position could gain practical experience or alternative ways to get started in real estate without significant initial capital, I’d be eager to hear your thoughts.Thank you for your time! 

They're practically free and full of information.  

You will get convinced you can do seller finance or sub to, but it's not practical unless you are going to spend all your time doing that.

Yet, it seems common practice for wholesalers to use this contingency to back out of the contract simply because they have not found a buyer within the inspection period.

From there, I would like to explore house hacking/the BRRR strategy, but I know there are rules, regulations, and connections I will need to make all this happen.If anyone is willing to have a conversation or thinks they could use my help in bettering their real estate business in return for some advice, I would love to at the very least create some new relationships.Here is my 2.6 cents adjusted for inflation...What about getting a realtor license?