As long as you do that, you will be fine in just about any strategy, but buying right is not really very easy. 

Thank you @Logan A for setting up the big picture in a very easy way to understand. hahaha wish i could have explained it to the wife in such simple terms.

If the property is truly, truly a great deal (you as a lender would make that call too), wouldn't it be easy to offload to any buyer that came along for wholesaling?

Sometimes parties will go for easy money and settle, other times they will attack insurance and personal assets and stop, sometimes they will go for everything possible.

Nobody wants to see an easy flip done on TV.

An LLC may offer additional liability protection, but it's easy to lose the protection if you're not careful with your business.  

It's easy to say things like, "you'll get access to the MLS" and "you'll be able to save on commissions", but it's my understanding that I would need to park my license with a registered broker, is that correct?  

The project is a SFH requiring mostly easy fixes.

I like that it is easy to have the applicant pay the fee, then the reports are sent to you.

Do you find it easy to beat/match the returns from a professionally managed account?