It comes down to finding the best level of protection that fits your budget.When I sit down with clients, I always discuss (1) their personal assets, and (2) what their current investments portfolio and other business ventures are before discussing (3) their future goals.

If you want control of your business, don't do it!!!

If it is easy to separate the electrical I would but usually it is not easy unless you are doing a huge rehab.

Since the the housing market has appreciated so rapidly over the last few years, the wholesale business margins have gotten very thin and will continue to get thinner within the next year or two.If you want to start wholesaling properties with a lot of meat on the bone (profits), I would suggest looking East and Inland towards some of the areas where the affordable housing has shifted to such as Inland Empire, High Desert, Coachella Valley and any other markets that always tend to ride on the coattails of the Metro markets such as Los Angeles. 

If you plan on starting slowly with handwritten letters, it's pretty easy to manage and you can use a free CRM like HubSpot just fine.

While it would impact some business plans more than others,  its probably possible to function with 5-10% a year rent increases allowed and vacancy decontrol,   but if we get the more extreme variety like what the far left wants  (inflation or less for increases,   no vacancy decontrol,  etc)  it will be bad.    

Which in turn will bring plenty of other investors and general business to the area.

Other easy ways to exceed expectations might include microwave hoods, dishwashers, adding a shed, including basic mini-blinds, etc.

We've been doing this and wholesaling mobile homes for the past 5 years and I believe we are on the verge of expanding our business into owning a park soon!

They were easy to work with.