From our experience the following criteria have produced the best results for us:1)  Find someone that has enough scale to have a good contractor list.  200+ units seems like a reasonable minimum.2)  Deal with a company that is locally owned, when something big comes up you want to be dealing with the owner.  

Cap Rate (short for Capitalization Rate) is a quick way to measure how much income a property produces compared to its value.

Farming is not known for being an industry that produces much wealth.

Is there a reliable app or software that you can just enter the subject address and it takes all the guess work out and produces accurate comps? 

Since your businesses are producing active income, you’re taxed on the full net income amount for self-employment tax.

What common mistakes do new wholesalers make that get them into legal trouble?

Most municipalities have licensing and permitting that's required to operate investment real estate, whether it be income producing or for-sale and it's not difficult to obtain the documentation bearing the owner's name.

And always make sure you’re transparent with sellers on what you're doing, it builds long-term trust and keeps you out of trouble.

That's the best way to avoid trouble with the refinance.

But it isn't producing any income (yet) either.