Wholesaling teaches you to find off market dealsit teaches you how to do a solid ARVIt teaches you how to build a cost of repairs.It teaches you how to deal with sellers and to negotiate.It teaches you about contracts, dealing with flippers and dealing with sellers.Wholesaling is a MUST first step to ... well any niche in REI.So what ever your reason.. should not be seen as an excuse or to be ashamed of.

I just have a hard time believing an emotional rant that blames everyone else when it's up to the investor to make the necessary changes required to make the investment work.Your advice about not believing everyone is a good guy is definitely solid though.

I compare my services to those of the "competition" and the private Landlord: online payments, solid screening, no evictions in 5 years, over 340 rentals under management, member of NARPM and higher code of ethics, etc.3.

Hi Lupe,The most popular accounting software is Quickbooks, but honestly you could probably get by with tracking expenses in your own spreadsheet.Here's some things to consider:Tracking Expenses by Vendor - You will need to know how much you paid to each Vendor so you can file Vendor 1099s with the IRSTracking Budget vs Actuals - To stay on track you will want to establish a budget upfront and then track your actual expenses to forecast budget overagesSaving Receipts - You will want to save your receipts in case of an auditOtherwise if you don't want to waste your time building spreadsheets, there are house flipping softwares & pre-built spreadsheet templates that can help you manage this process.

I'm looking to make some connections with solid PM's in the Phoenix area as well if you have any recommendations there. 

You’ll be in review at this point and it’s pretty quick if you have a good deal, track record, and solid Financials. 5.

Unless you build a solid network and look for the right property, and you have time, you might end up breaking even.

The lease on my apartment was up, and I found a duplex that looked solid!

Whatever you do in a tight contracting market you wanna protect yourself by relying on solid fundamentals.

I've done JV deals with some of our OOS clients in Indianapolis and I think that it's a solid way for investors to capture some decent gains while offsetting some of the risks of investing from out of state.Managing contractors is one of the more difficult aspects of flipping whether your local or OOS... you just have to keep them on a short leash.Congratulations and Keep it Up!