I visited some realtors and gave them a typed description of the type of properties I am interested in (i.e. vacant; distressed owners; 3bdr; SFH, the areas etc.).

I had a listing from yesterday of a house, a block over, and the description seems quite similar, except no pool, and a bit smaller.

What has been hinted at is the following:Listed for 3 months ($24k)Seller mentioned being willing to drop to $18K; 'Partner' wants to counter with $10k.Possible Description (Not Confirmed):3 Beds & 2 BathsCarport, 2 Sheds, & 2 DecksSunroom & Fireplace in living roomRented for $334 + Electric(This is low for non-MH properties in the area [~$750], but I'm not sure if it is normal to be that much lower)Motivated SellerI would like to know, if this property is in decent shape, whether or not it would represent an intelligent investment.

Merry Non Descript Holiday!

This is a description of the website if you haven't heard of it:OverviewListingbook, LLC, based in Greensboro, N.C., provides an online technology platform and patented client management system that allows real estate agents to provide their buyers and sellers the industry's best search experience, including real-time MLS data and public records, the ability to view their customers' search activities and collaborate with them online, and to easily and automatically provide other information and tools to help clients find the perfect home or market their property.Listingbook has 70 MLS clients and is available to 60 percent of agents nationwide.

You described 99% of Realtors in your description.

If you buy a house to rent out you will inevitably need a slush fund to pay for the unexpected hot water heater failure, etc.Once you get a few wholesale deals under your belt you will understand the market better, have met a number of other investors(check out your local REIA to meet them) you can learn from, and better understand alternative methods of investing to move forward.Keep asking questions and reading posts on BP and you'll have a wealthe of knowledge.

As I look at a description of a property including pictures I might estimate the ARV and the cost per SF of repairs.

Hi, My name is Carlos Ortiz Im a new member to BP, and would like to give a brief description of myself.

They're not all on the MLS either...I found my first two deals by networking and I met a landlord with tons of properties that was selling off most of them.