That will allow you to better place your money in areas you know can succeed whether it be in the arbitrage or ownership space.

You indeed have to spend that much money.

Many would suggest against RE investing using retirement money but if you go into low risk opportunities it can be a powerful diversification method.

How do I go about finding those who'd rather just collect the insurance money then sell it off at a discount?  

I have seen many investors lose money due to purchasing site unseen.

But the competition is high so cash flow or even break even can be an unphill battle unless you're willing to put money into the property.

So should your facilitator.4) As a trustee, you can now write a check or wire money into any investment that follows retirement plan rules (no artwork, collectibles, alcohol, insurance, etc., and no disqualified parties).

Then we'd make no money at all. 

If you can solve their problem, you can usually buy the house.When you are a new wholesaler, the best thing you can do is to get some reps calling and looking for another wholesaler in the area, before you put your own money down on it.

I allow pets and charge a pet rent of $35 a month, its nice bit of extra money and pet owners tend to stay longer as tenants.