If the property cashflows and its a tired landlord you may just be buying yourself some owner financing.

The most commonly used list is Absentee Owners, because there will always be tired landlords ready to sell When I first got started, I got my absentees from the county's Tax Appraisal District.

Least - I grow tired of tenants sometimes :) And, the weight of it all sometimes seems ominous, but I just remind myself that everything cashflows.Full time real estate is fun - but only if you LOVE real estate.

I learned the hard way when I tired to change the use.

Assuming that you are pretty young (large student loan balance) and that you don't mind the property management woes (no mention otherwise-- if you were tired of it I think we'd have heard).

The ones that fit into #2 have probably had bad experiences with wholesalers who:- Were just tire-kickers and never made offers;- Made offers but often backed out of deals;- Tried to get the seller to lower the price after a contract was executed;- Made closings difficult with needing to double-close or some other non-standard transaction.I recognize there are some very good, very ethical and very successful wholesalers out there, but they are a very small minority of the total group of people who call themselves wholesalers.

While this person may only be a tire kicker or some of your competition trying to find out about you, the experience of asking your questions and starting to develop a buyers list will pay dividends in the future.

Lack of curb appeal is a good sign of a tired owner who's ready to trade the asset.

The key to selling it is this: out of every 100 people you talk to, 50 of them will eventually go on to list. 40 of them will be tire kickers. 10 will really need to sell, and of those, 1 or 2 will be standard wholesale deal worthy, while the other 8 will need a more complicated strategy, such as sub 2.You need to find a way to monetize those 58 motivated people that you wont be doing a deal with.

We know we have what it takes and are tired of renting when we could own.