This will help you get a good grasp on the right way to compute the deal.

I'd guess the seller has a pretty good grasp on the real situation and is feeding you, a out-of-towner, a line of bull.One free unit for the PM is outrageous.

I'm not sure that you fully grasp your situation.

I understand this is over simplistic, but I'm grasping with the idea of not having full ownership/disposal rights if I as the mortgagee am the high bidder at auction.

I'm sure there are "gurus" out there that could have me doing my first deal tomorrow, but by avoiding that and striking out on my own, I think I have a pretty good grasp on different kinds of deal analysis (flip, rental, commercial, etc).

You may be grasping at straws.

They went back downstairs and as they were walking toward the front door Newton claims as he was about to grasp the doorknob to the front door he heard footsteps on the front porch.

With all of the commentary on different building options, I didn't really understand how post and beam was different from a kit home, but now I grasp the basics.One last question, how are you lining up buyers for these homes?

Obviously you want to have a grasp on the local market, demand etc., in addition to getting an understanding on the development process.

Excellent question @Henry NguyenA good wholesaler will quote realistic ARVs, have a solid grasp of repairs, and is out to make a realistic profit.