All subject to inspection, we have financing in place already.I would say we look at 10 properties, make offers on two, close on one.  

I hear Section 8 takes time for your house to be inspected and approved.  

When doing the inspection on Jan 31 we found the outside water faucet was turned on… just a trickle but definitely running.

Self Managing is always an option but with City inspections involved at every turnover, I am not sure how feasible it is to manage remotely.

If you believe she is honest, hard working and her style of communicating fits you- she needs an app to help her with paperwork I suggest yardi or doorloop/ get a contract in writing that you negotiate with every nitty gritty duty- for example: who keeps copies of keys, how often are inspections done and how is the data provided to you, what dollar amount she can front money for repairs, when to call you...

In that regards I would rather prefer to build a mutual beneficial connection rather than one that only benefits one side, even as a newbie there's something that can be offered that is of value.And I would rather that you're blunt rather than sugar coat things, in several discussions I found instances where wholesalers took advantage of sellers through P&SA contracts, inspection clauses and closing dates and were unable to fulfill there obligations to the sellers and preventing the seller from getting other buyers during the validity of the contract, I means it's quite unfair.But there where other instances where wholesalers had built credibility by the manner in which the death, I mean that is what builds a good relationship and make room for future referrals.I would still like to know your thoughts on Wholesaling and wholesalers, please do not sugar coat, let it out just as you see it. it.

If, after my inspections are done, and the property is not what it appeared to be I will need to adjust my price.Let's say that after the inspection, there is $10,000 worth or work done that was not considered at the time of the contract.

Sure, there are going to be people who fail but if you truly try and make your best effort and do your own due diligence by evaluating these properties, inspection, ARV, etc. and really learning the strategy of both BRRR and turnkey fix and flip, it will work.You need to build a strong and trustworthy team on the ground.People nowadays quit the second something gets hard.

Whether it is the trained and licensed professional in real estate, inspection services, septic, plumbing, electrical, HVAC, etc..... we need them so organize them in your target area and jump in...  

We completed all of them and the city inspected and signed off with a compliance certificate.