They exercised their option to purchase and we assisted with their down payment and they got approved.

I can tell you to stay away from where you see a lot of strange foot traffic (people walking but not exercising or walking to work..with glassy eyes).

Mostly cosmetic enhancements were made on the property.New bathroom vinyl flooringNew ToiletNew Ceiling fanPainted old kitchen cabinets bright white with new Hardware handles.Installed RefrigeratorAdded Blinds Replaced all wall outlet coversReplaced upstairs unit Sink faucet with new modern hook faucetWhat was the outcome?

They do not provide meaningful oversight or guidance with respect to tax code compliance.A checkbook IRA LLC is an enhancement on the above structure that is generally more time and cost efficient for investors with a more diverse portfolio.

., width to height) and window area to wall area, garage door, and architectural enhancements.14.

This is more of a exercise at this point. but i am still going through the motions. originally site unseen i had a 45000 rehab based on pictures, i had a contractor friend of mine  look at the place and a rotten sub floor on the upstairs unit from a leaking roof brought rehab up to 80,000.

Take what you've learned from the books and podcasts and analyze deals from the MLS, just for the exercise of it. 

And you can see how much they paid for the property too.There are several other ways to find cash buyers but this is one way that is easy and you learn a lot from doing this exercise.

Secondly you need to enhance your ability to execute.

So, before I address all of the points I read in this thread, can we agree on the following:- All properties in a given neighborhood will all have different market values,- The simplification of those values could be placed into the following three (3) categories;   * AS-IS (No deferred maintenance has been addressed AND curb-appeal is seriously lacking)   * Enhanced (all deferred maintenance has been addressed and some newer "creature comforts" installed)   * Optimal (highest priced, highest and best use dwelling in the neighborhood)If you agree to these simplified characterization, then the following might be agreeable: @Randy Thomason - [Good and Bad Wholesaler, Double Closings]There are good and bad wholesalers, just like there are good and bad real estate agents and brokers.