Texas is a non-disclosure state.

The previous owners did a do-it-yourself remodel which had tons of red flags if I had taken the time to cross-reference the sellers disclosure with the inspection report, but at that time the market was hot and I had to move fast.

if the wholesalers actually follow the law and make those disclosures and the sellers are not completely devoid of real estate knowledge those who wish to wholesale are going to spend a bunch of money only to lose the deals in the 11th hour. 

But full disclosure, I've done it myself many times too. 

Every state or pert near every state has sellers disclosure docs that must be signed in a real estate transaction.. this to give the buyer any advance notice of issues they should address.. so short of this because we know these are very poor houses in horrid conditions the disclosures would or should say dilapidated etc etc.. then you have a SOW that is promised.. it is this scope that was either never done or done so poorly as to be totally inept..

Banks sell those properties with zero disclosures and NO VIEWINGS!

Quote from @Chris Seveney: Disclosure: Yes I am a private lender but we do not provide this type of financing so I wanted to #ASKI have a client who has around $5M in real estate that has properties in GA, FL, NV and texas.

Additionally, you should request a Real Property Disclosure (RPD) and a Lead-Based Paint (LBP) disclosure from the seller.

Aloha guys, I am a new investor with no knowledge and experience looking to BRRRR in Indianapolis and looking at a Seller's Disclosure and Lead based paint.

If you’re not a NAR member - for example a commercial broker - you’re not subject to NAR rules.That being said, what you post is more important than the disclosure.