In fact the biggest key factors to succeed in wholesaling is 2 things: 1.Marketing 2.Networking(as the saying goes your net worth is equal to your network) Once you master those factors you'll become a successful wholesaler.

The biggest issue might be whether you need your real estate license or not.

I guess my biggest questions are: How can I raise the ARV and how can I best attract a lender that will lend for my retail flips within this community?

My biggest question is how you overcome the fear of making the leap into investing?

The preferred return and waterfall hurdles can slide around, there is no "industry standard" so it is up to you to determine what the pref and splits should be to attract capital. 

I think at this moment my biggest fear is not finding a buyer for a property.

I would have started with something smaller but the opportunity presented itself and I jumped at it.Furnishing:The biggest items on the list were 3 brand new mattresses from IKEA at approx $300 each.- 1 nice second hand sofa for $400.

Period.To be successful you have to put away the distractions and. the shiny objects and focus on what I teach you, The biggest thing is negotiating with the seller about a win-win dealif you are BP junkie and you have to read everything 24 7, you're not ready for coaching.Laser focus is required.If you do it my way, you pay one coaching fee for  one year and keep 100  percent of your profits.

My biggest advice is location, location, location.

That's the biggest difference between those who are successful in this business and those who never get past square one.