I could get 2%, but its a part of town that you need the swat team to go into after dark.  

Large renovations are better left to those that have plenty of experience with and a set team of contractors and repair men already that they are familiar with and trust in doing the work and staying within the budgets you set.

We, as well as our wives, have recently stepped up our efforts in our real estate investing education, and look forward to making our first deal as a team.

You will get incredible knowledge on how to research, identify, build your team and learn each area's specific challenges - for example cracked slabs in San Diego, Foundation issues in Texas, Termites in Atlanta, etc.As far as wholesaling, the quick answer is to pay a local wholesaler to bring you a cash buyer.  

Should I have funding in place first along with a team prior to starting..

As long as the broker has customers like these there is no incentive to take a chance on a new buyer with no track record of closing.If you are looking to create a relationship with an MHP broker I would suggest calling up the most junior broker on the team and meeting with him/her.  

The support team is awesome and very responsive.  

It is a great resource and there are many locals that you can network with to build a team.  

Its a team event and if one leg of this stool is missing or lacking, you're likely to fall flat.Chris

This is great - congrats to the BP team!