What kind inspection period to include with wholesale deals?

[Benjamin Cowles]

It seems to me like you'd need most importantly time to find your buyer, if you don't ideally have one ready with cash in hand at all times waiting for you to call them regardless of what you have, in which case however long you expect to take to get a buyer to decide they're interested you'd need to stipulate your inspection period AFTER that point. So when I hear/read people talking about about 7-10 day inspection periods it seems close. As a beginner I would imagine an inspection period no shorter than 15 would be sufficient. Is that too long?

... Which has got me wondering if the wholesaler should take care of the inspection. Does anyone do that? For one, they wouldn't have to worry about waiting on a buyer to come in on time to get that done, and it would also make the proposal to the end investor buyer more attractive to jump on. Or do too many experienced investors skip inspections anyway? Does anyone do this? 

[Troy Fisher]

Originally posted by @David Bokman:

There are NO inspections during a wholesale transaction. The buyer is buying the property "As-Is" and 99% of the time these transactions are cash deals.  No inspections take place.

 No Inspectionsneed to take place.  But a new wholesaler can gain a lot of credibility to their buyers list if they come to the table with a detailed scope of work, have enough pictures so that a GC can bid the process, and can also help out with that awkward situation where a new wholesaler may lose a deal because they have to "bring in a partner to look at the deal", and then "bring in another partner"  

Most new wholesalers never get off the ground because they:

A) Don't know how to properly comp a deal. And are always on the high end of ARV

B) Don't know how to provide a Rehab Budget and scope of work, and quote "30k-50k"

C) Cash buyers in big flipping markets have to sift through a ton of deals and new wholesalers who don't have a reputation and have poor numbers get thrown to the bottom of the sifting pile.