Buyer's Representation Agreements are common practice, as is the compensation percentage of 3%.

This has been what I have found to be normal practice in my personal experience.I hear local community banks are able to be a bit more flexible when it comes lending practices but I can not guarantee it would much different.Happy Investing...

I am practicing my financial modeling skills and reading up about real estate. 

If I didn't know Jersey has pockets of very close-knit traditional Orthodox Jewish communities that have very specific cultural practices, it'd be easier to agree with  Lloyd.  

- Simple to use- Start QuickBooks Pro and as you grow use Enterprise version for practically unlimited tenants- QuickBooks online is a possibility but with a monthly fee with 35% off lifetime - Save money - no monthly fee - do not spend your fortune - cheaper than a cup of coffeeRemember Garbage in and Garbage out.Remember any software you use - should be able to export to excel if you want to switch.Do not want to spend money - sure there are many free software out there.

There are a number of strategies out there but one I often hear about doing well is the BRRRR method where you Buy Renovate Rent Refinance and Repeat it creates equity and cash flow for you at the same time while also allowing you to invest in better neighborhoods which have better tenants in which you can safely scale up and expand your portfolio But ultimately the deal is in the numbers so the better you are at analyzing deals the easier it will be for you know when you have found a good deal so practice analyzing as much as you can to sharpen your skills because even as a wholesaler your deal analyzing skills must be up to par because your selling your deals to investors who do this on a regular basis hope this helps 

Obviously it wouldn't be practical once a tenant moves in, but if you need to purchase a property to fix up, you could communicate and keep track of contractors/other visitors in the event you couldn't make it to the property. 

However, this may not be practical for you.Forget Zillow. 

.- Don't try to skip necessary repairs (it will ultimately cost you more)- Practice your negotiation skills- Buy your own finish materials- Stage (will save on holding costs and may get you a higher sale price)- Hire an inspector to inspect your house before you sell (cheaper to fix things BEFORE the new buyer finds them)

However, an internet search reveals that she no longer practices real estate law because she resigned/was disbarred for "engaging in conflict of interest in a real estate transaction and neglect."