Here are a few steps and resources to get you started:**Learn the Basics:**Understand terms like Cap Rate, Net Operating Income (NOI), Cash-on-Cash Return, and Gross Rent Multiplier (GRM).Familiarize yourself with the local real estate market to gauge property values and rental rates.

Your allocation Is below what I use for an attached 2/1 triplex.   

Quote from @Joe Vesey: Bucky Beeman is a good resource in "Roch" Thank you, Joe!

@Sierra MichieYes, a fee-only financial planner can help you create a comprehensive financial plan including a spending plan, tax planning, asset allocation, retirement planning, education planning for children and grandchildren, and estate planning (wills and trusts).

A good rule of thumb is to allocate 10-15% of your total project cost for contingencies.

But you can often use the county’s land vs. improvement split as a reasonable method for allocating that purchase price between land (non-depreciable) and building (depreciable).So for example, if the county shows the value breakdown as $100K land and $250K improvements (on a total value of $350K), you can apply that same ratio to your actual purchase price.

This is an excellent place to be able to meet people who are doing what you do, people who support what you do, and people with resources for what you do. 

I have a lot of extensive wholesaling resources on my blog.

Josh & his team are genuinely interested in seeing his students succeed.The resources, coaches, events and community they have put together is unparalleled.

You simply need the right lending resources.