This is maintained by the specific attorney’s office for the specific foreclosures they are performing.Although very profitable, Foreclosures are a poor choice for wholesaling, unless you have substantial capital.

You're going to need 15-20 duplexes that are considered good deals to get to that kind of profit.

A low price is no guarantee of profits. 

As I've experienced in my own career, selecting a broker with a proven history of successful transactions ensures a smoother and more profitable sale.

However, as @Chad Hale mentioned, only if you can afford it - meaning both financially and mentally (e.g. how stable are both of your jobs, how long will it take you or your husband to find a replacement job, how much you have in reserves, and whether you guys are in a position to withstand that mental stress, etc.)When you mention 8k monthly, I am assuming that's net profit?

I planned to recommend getting the deal under an assignable contract and if you can't make the financing work try to find an investor to transfer it to for a one-time profit. 

Why I would agree, it would be ideal to start one ourself but to be profitable at PM it seems to be a numbers game.

Everything is profit after that (sort of).

If this is a $400k home, you have to make a lot more than $20k/yr in profit/cashflow.  

High occupancy rates can indicate a profitable rental market.Seasonality: Analyze seasonal trends to understand peak times and adjust your pricing strategy accordingly.3.