My impression is that the most "typical" range is from 40/60 to 60/40 and this would fall towards the higher end (and may well be justified as the sponsor has a solid history of successful projects).

And don't forget that the most important element for the long term success of your out of state rentals is going to be the property management. 

I discovered BP 3-4 years ago when I was first introduced to REI by successful friends in a Multi Level Marketing company I was apart of.

I was curious if there were any others who started wholesaling part time outside of their 9-5 jobs and found success, or even failure.

My current real estate goals include connecting with local investors, providing value to others in any way I can, while continuing to learn my local market and more about real estate investing in general.If I’m not currently out physically looking at real estate Monday – Wednesday in or around Columbus; then I’m searching for it online, or reading about it.

Still, while letters do a lot of the heavy lifting so to speak, the mailing list is equally crucial to a successful campaign.

We're in the early part of my career, but have already had successes with real estate. 

Common options are cash, personal check, money order, online payment, etc.

Which is why wholesaling is much more attractive because it requires no start up money. you cannot successfully wholesale as its taught by on line courses or gurus if you have no money.. the successful wholesalers be them licensed or not spend THOUSANDS upon THOUSANDS a month on lead generation.you could bird dog.. maybe with limited captial just gas and a phone and hope that you get paid. 

If the zoning code is online I can do a quick review to see what you can build.