Make the spread on the interest rate, and a solid consistent return on the equity.

If you get stuck, a rule of thumb can help you develop a best guess and also to provide a sanity check.If your detailed cash flow analyses on many properties indicate that a GRM<10 seems to consistently result in properties that meet your investment criteria, then it would be an appropriate screening tool for you.Jeff

My understanding is that it is not done for compensation dependent upon leasing the space, ie. a regular and consistent wage, then the requirement for a license does not apply.

This home consists of 2.82 Acres of Land.Are these the types of deals investors in this area look for or should I mainly focus on 3BR/2BA??

Staying consistent and following up goes a long way.

I had trouble finding consistent data on Sacramento median incomes prior to 2005 and currently in 2016.  

If you have a legal rental agreement with clear terms, signed by all parties, then enforce the terms of the rental agreement swiftly and consistently.

Cheep, fast, and consistent with  class of property.

From what I’ve seen, you can hit close to the 2% rule pretty consistently on properties that are on the open market, I haven't had much luck finding any wholesalers in that area.

If you are consistent and intentional about offering opportunities and value, a deal will surely come your way.