That is okay if it is a deal that wouldn't have been there in the first place if you hadn't pulled it out of the woodwork. 

We have had success posting a broad ad on Craigslist advertising the junk - folks come out of the woodwork to take it home at no cost to me. 

before - meeting people in everyday life - I probably wouldn't have had the sense to realize that it is all right there in front of me, but lately - I have been meeting people - just in social circles, and it is very very weird - how "investors" who need to "dump" their money into real estate are coming out of the woodwork... and some of these are people that I have known of here in my area that were friends, and of very profile families in the country, but never thought in a million years they would want to do business with me...

If you have a good deal, cash buyers will come out of the woodwork.

Well as high school went by I decided wood working was a hobby not a carrier.

@Jennifer Pauyo Gosh, you pulled us all out of the woodwork!

I need conventional financing because I don't have a massive cash reserve and I'm looking for distressed properties because that what I can afford and I would like to do as much rehab as I can in my free time (I have a decent woodworking business so I have a lot of tools and experience).Do banks reject financing for all distressed properties or just ones with major structural or roof issues? 

Chewed up woodwork.

Even with my husband being a woodworker (building cabinetry, framing, installing trim, building vanities, etc.), his best friend being an electrician that rewired our addition and installed all of our new lights, my father owning a construction management company (getting us deals on some labor and materials) and my father in law being a general contractor, we still spent quite a bit on our renos.

Make sure you're active on the Facebook pages (search St Louis Real Estate Investing and they'll come out of the woodwork).