If the roof windows and siding are in decent shape then usually the bones of the house are in decent shape as well.

However, on the properties that cash flow in my town (typically 50k and below SFH), there just isn't enough meat left on the bone.

It seems too tight to hold as a rental, and as you mentioned there is not enough meat on the bone for a flip. 

Preferably more like the 6% a Realtor would have cost them.Only you can decide whether that is enough meat on the bone for you.

Plenty more houses out there with much more meat on the bone for you to get your first deal. 

I am looking for deed transfers within the past 2-3 years, not really sales (I believe they would look like sales in the data)...looking for deed transfers for a nominal amount..hoping to find people that are looking to avoid probate, title 19, etc...I have done some digging around and I think that's the list I am trying to pull.I am also trying to figure out what kind of criteria is used for the inheritance list if anyone could throw me a bone..i was told that to be inherited in our state, the property needs to first go through Probate..so I am curious as to why I would mail both lists...it seems if you have a comprehensive Probate list, then why buy an inheritance list?

If I were going to do wholesale I would probably shoot for closer to 65% ARV I would imagine 70% wouldn't leave enough meat on the bone for the end buyer.

Be comfortable with the process you will use to sell and manage.The steps above are some brief bare-bones advice of just one type of investing business - my own.

The guy looks at me and says "I hand to use a bucket, water was pouring out..." it was bone dry, I fix it in an hour and I’m on my way.

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