You may discover CapEx issues that wreck the property's appeal/valuation thus negating further investigation.

I believe the owners were in the process of evicting them because apparently the pig was wrecking havoc on the house!

Some other great terminology:Cozy = waaaaaaaaay toooooo smallCharming = outdatedPlenty of character = falling downWater view = puddles in the drivewayHandyman special = bring in the wrecking ball Please feel free to add your favorites. 8)

Hello All,I am new to wholesaling and I must admit that I am a nervous wreck.

Low value properties most likely are going to be in crime ridden areas, and/or the house will be a wreck.  

While it is the business model it can shrink when inflation, cost will wreck the housing industry.

Seniors tend not to move and they don't wreck your property with wild parties, as a rule. 

Watching the Morris Invest train wreck is becoming a guilty pleasure. 

I also know it will wreck my credit for a couple years, stay on my report 10 years, and will cause me to check “Yes” on applications asking whether I’ve ever declared bankruptcy the rest of my life.

Or in other words, you need better deals - you need to get a house at a very good price, probably 50% of ARV (which I don't know how you can do it in current market, maybe in your area is possible) and in fairly good shape (if it's priced 50% ARV because it's a wreck, you don't want to it, it's going to be a money pit for you).Which means you need a light rehab as your first deal, something cosmetic (paint & flooring).