I couldn't answer exactly for if $10k is too thin, it depends on your finances but it could be possible depending on how you negotiate a deal.

I'm sure you will need tools to find deals (eg price/sqft etc), estimate rents, calculate cash-on-cash returns, cap rate etc.

So I approached the foreclosed upon owner this week to confirm that she had sold her right of redemption... she confirmed.But the investor has not filed the petition for redemption.And of course the court has not approved the sale.I am bummed about losing the deal.  

I also included a financial stake int he end deal if I closed.

Quote from @Joseph Alfie: Hi everyone,a deal came across my desk.

I wish you the very best of luck and I look forward to hearing about your first successful deal. 

These are three phases in the buying process where the buyer could walk away from the deal.

Or just pay your sister a finders fee for getting the deal?

Not a big sub to fan and definitley not a fan of people trying to wholesale deals off of the MLS.

But I fund 100 plus flip deals a year in 7 states and have never been asked for a lien release.