I'll be the bad guy for you

I would say as an agent if a property is in a rough area I don't put signs since it can attract those bad apples or get stolen. 

I have heard both the good and the bad sides of investing out of state and so I am curious to know what other's experience has been? 

Not bad.

But just hating on wholesaling in a wholesaling forum is so unbelievably pointless. its not dead per se  but it is starting to be regulated as it should.. oregon just passed their version. where to wholesale you now need a license and over site by the RE commission.. along with criminal back ground and a BOND.. and as we know not everyone can pass either of those with the bond being the tough one if you have bad credit your not getting a bond.

One thing that I would like to add to this list is making an investment without having enough extra money to get through the medium times as well as the bad times.

I just think basement access is generally a bad idea.

He has a knack for making bad choices. 

I don’t have much to add for wholesaling other than to remind you to maintain integrity - too many less scrupulous wholesalers have given the name a bad rap.

Wholesaling is risky, because there are a ton of bad players out there, and so most brokerages don't even allow it because there is so much risk, and the principle broker is risking their livelyhood.