If the PCR (Property Condition Report) identifies the property as IE (Insurable with Escrow) the, yes, a lender may allow you to fund an escrow account at closing.

Instead, it's about identifying the ROI that aligns with your investment strategy and risk tolerance.

This allows them to identify properties that might not seem valuable at first glance but have great potential for investment.3.

or "be near Temple University" I am from NJ/NYC area and am looking to identify the next big/upcoming neighborhood in Philly?

Once you identify a property you'd like to hold onto, you can initially finance it through a bridge loan and later refinance.

I agree with John about settling on a property and running the numbers.However, if it were me once the market and property were identified I would form an LLC with an operating agreement that states what each members contribution and responsibilities are. 

Start by identifying a location (eg where you grew up, where you have spent time). 

Need to identify apartments in high demand locations where on a per bedroom basis its below market pricing.

I have been using Reonomy for the past month and have found it very useful for identifying off market properties. 

First, identify why you are getting into wholesaling.