utm_source=search&utm_medium=internal&utm_campaign=books (books recommended by BPers)Simply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.Feast on the Podcasts, #askbp Podcasts, blogs and webinars Lastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

The farther away and the less knowledge a HML has about the area a home is in the more costs that will come in the form of: appraisals, inspections to confirm your budget, draw inspections, etc...

utm_source=search&utm_medium=internal&utm_campaign=books (books recommended by BPers)Simply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.Feast on the Podcasts, #askbp Podcasts, blogs and webinars Lastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

I have to give a BIG thank you to all those who are willing to share their knowledge and keep it real with out the BS of getting rich fast. 

Being a real estate agent with real estate investing knowledge will be a tremendous advantage.

Disclosing that you have a license is not to make you seem more legitimate or so that "the Seller is ENCOURAGED TO BELIEVE that their interests will be looked after"; on the contrary, disclosing can negative for the wholesaler since the seller might become distrusting of them since they are seen to have more real estate knowledge. 

In general it is best to have a solid knowledge of your market, target areas, and access to a good team on the ground to assist you.

Sounds like you've got a solid game plan in place for tackling the considerable amount of knowledge everyone has to gain when they're starting out.

I use this format: PETIOProperty - type, description and rough as-is and ARVEquity - value less recorded mortgages and liensTitle - Record owner, entity or living or deceased person(s)Interest(s) - if owner is a deceased individual, need to know who legal heirs areOpportunity - specific ways to benefit, such as buy, fix and sell, or fix and rent, etc.You'll need a working knowledge or someone who can research title for you.

Welcome, @Linda GoodwinMake sure to check out the podcasts for a lot of great first-hand knowledge.