Property market and wholesaling

[Tiffany Milan]

Hello everyone. I am a newb to wholesaling so bear with me gurus. I am very motivated to start wholesaling in my area. When checking around town and at some RE sites, I've realized that there is an overabundance of foreclosed homes in my area. Is this a good or a bad thing? I mean should I wholesale in an area that's on the decline? Or can I help this situation? What are your opinions? If I didn't clarify enough, you can ask some more direct questions, but any insight would be greatly appreciated. For example, I live near a street named Havana Avenue and there are like 10 houses on that street that have been foreclosed. Should I reach out and talk to some homeowners, or just fall back and keep searching the MLS and other places. Thanks in advance!