You would have ongoing filing requirements with the State and would need to keep business records and documentation.You also want to look at whether a pass-through entity helps your bottom line and your taxes.

Keep good records.

After this intermediate stage while you are starting to work on your portfolio and have someone else doing the grunt work using your wholesaling systems, you now have track record.

I am paying “cost” meaning builder level cost for material and minimal average labor costs with no profit for the builder of record.

Mostly with the topic, "Hello, i am so and so, i am a local real estate investor and i came across your number in the public records.

My personal record was 22 minutes from notification to closing. 

If that is of interest  I would recommend establishing relationships with one or two folks who have decent track records.  

In San Antonio we have bcad, tax assessor, and public records 3 different sites to look out for when looking into a property.

If you choose to go another route we request all records, minutes etc”

He then responded to my post saying that he was happy with his success in the deal and that he wanted to do the deal to show other investors a track record before he takes their money to invest it in a large multifamily deal.