@Jason Tefft Yes Ankeny is a great area, but the flip or BRRR deals I've seen there are 190-250K and purchased with cash so you have to have both the financing and be willing to pay a bit higher price point than other parts of the metro.Obviously, Ankeny is growing like crazy, but I'm just not sure the BRRRR or flipping model is best suited for Ankeny, you might find more success in Des Moines Proper areas unless you have a reason to buy in Ankeny, those deals will be VERY tight and very far and few between.Also regarding wholesalers, agree 100% I haven't seen a "good deal" from a wholesaler email in over 18 months and I'm the odd real estate agent that subscribes to ALL the wholesaler email lists :)

Obviously, the laws and restriction need to go through the proper channels to get put in place.

. ^^ yes I closed on a house hack a few months ago and this is exactly what my mortgage broker told me, FHA appraisal itself was not much of a problem, the appraiser just looked for proper hand rails, chipping paint, relief valves on water heaters, etc, which are not a big issue unless the house is in bad shape, the bigger challenge was getting an FHA offer accepted over competing offers because of the perception to sellers that FHA is a big hassle/may not close, a 203k loan can wrap money for any needed repairs into the mortgage, so showing pre-qual for that may make your offers stronger 

I'm looking to start a co-hosting business, and I was wondering if there is proper etiquette when taking on a new client.

I'd say try and get to +$50k in equity and then seriously start hunting. 

The house was a 1940s ranch with an addition on the back that was properly completely in the 80s.

The house was a 1940s ranch with an addition on the back that was properly completely in the 80s.

Hunting for my first flip and loving the grind!

Over time you’ll learn how to properly comp properties, estimate repairs, and price properties rights to sell. 

Serve proper notice for your area and lease (30 day, 45 day etc....) and your good.