this was and is a very good course with Non of the ra ra and zero up sell. 

R a landlord???

Smith, RA Principal Architect - Architect Owl 

It deals with CAP rate's and I think it would be beneficial for you to read. https://www.boardwalkwealth.com/2018/08/the-cap-ra...Hope this helps:)

The market in Maine is C-R-A-Z-Y, and it may take you that long to find and actually get to purchase the house you want.

Im from the city and the neighborhoods change dramatically based on the block so just something to keep in mind.Talking with a RA is a great start in getting more concrete numbers on comps. 

@Matt R. 

97% or more of undercapitalzied business's fail.. why is wholesaling any different its not.very small percent that truly have no means will do anything until they build a modest war chest or capital for their business.. its the same selling real estate as a licensed agent.. its not the business to get into if you dont have savings.other wise get a paying job for folks that are in the business build up your war chest and experience bucket you stand a much better chance than listening to the yes you can do it with no money no credit no means blue sky ra ra ra

But to answer your question, yes I would get a deposit and have them sign a RA just like everyone else. 

However, Great Lakes REIA is worthwhile because you will meet some good people, especially if you are looking for a windows guy (Chris W), or an insurance agent for investment property (Randy R), a local evictions attorney (Gary F), etc.