From a variety of podcasts I've listened to I hear about people always buying regardless of whether the market is "hot" or "not" but I'm under this impression that a majority of buyers are simply over paying. 

Very risky for a variety of reasons but can be done.

@Jackson Pontsler  There are a wide variety of responses as there are a wide variety of wholesalers, so there's no broad-brush answer to that question.For those who are out there to find deals by taking advantage of desperate, or uneducated people, yes, I have a problem with that. 

I recently walked away from a house I had under contract because the walk through revealed problems that killed the comps.

I purchased a property and lived in it for years before I changed insurance companies and it was revealed that I wouldn't be insured until the Federal Pacific circuit breaker was replaced.

There is a variety of ways to invest your money, real estate by far to me is the safest bet and Oh the tax write offs should be more than a good motivation by itself.  

Yet it would have been more costly for me to move forward without that inspection and sometimes inspections reveal no issues, other times they reveal issues that are too costly to fix moving forward. 

Did it reveal anything?

Hello Members,I am new to  BP & this is my first post ,, So I hope I get some leeway in my first presentation.I am attaching an image of a sample spreadsheet I drafted a few minutes ago - to  engage and hopefully close on investors .There are already numerous varieties of Project Analysis Packets in the market today  .However, I have not yet found any that allow one  to view  6 ,10 , or even 50 properties in one shot. 

Our state requires us to reveal our rental criteria before we can accept money for an application and that we give the applicant a reason for rejecting their application.