It will teach you the basic laws relating to the representation of clients during the practice of real estate.

And you don't close deals, you basically just do the showings for the clients.

I started on this forum a few years ago by buying his book to get myself reacquainted with basics of buying/rehabbing/renting/refinancing. 

For cap rate higher is better it is basically the return on your money. 

Thanks,Kyle I get that spam for my brokered business, then you call them and the rate is 6.5% or 8% or something crazy, unless you pay 4 or 5 points to buy the rate back down, and oh look now we're basically right back at 25% down (20% to equity, 4-5% to fees).

Wholesaling is hard, you basically have to know how to be a flipper and just make less money, it takes either a ton of time or a good amount of money to find sellers willing to sell at a price that leaves meat on the bone for the investor and wholesaler. 

It also might be wise to start with a smaller property than a 6+ unit so that you might get an understanding of the basics first.Good luck.

Basically the North Pole at this point. 

Basically contract is nonexistent until they sign.

California basically requires a living trust to avoid probate (generally) and a Will alone will not suffice.