If not, then I'd say that wholesaling is not an advisable way to get started in RE investing.I always use this analogy: would you tell a beginner skier who has zero experience to ski a double black diamond (the most advanced terrain) for their first run?

If you have dirt floors, it will likely be cheaper than if you put in marble tile inlaid with diamonds that you had to import from Italy. 

If you are lucky enough to find a diamond in the rough, buy it. 

Well not only did he pay 80k and it was only worth maybe 70k in diamond condition, it needed 25k in work, total garbage.

The fortune is in the follow-up, as it is with any lead source.To illustrate the importance of Follow-Up because this is huge in this business:2% of sales are made in the first contact3% in the second5% in the third10% in the fourth80% in the fifth to twelfth.Joshua Smith's GSD Mode program is one of the best I've seen for Open Houses and this business overall.He also covers is expired letter mailing campaign which is good for getting listings but that can take some time to get traction with that lead source.Another great source to build up your database and fill your pipeline with future deals is Ricky Caruth's Zero-To-Diamond program (this one is free). 

Sheets - Charles Givens - Claude Diamond - David Finkel - Ed Beckley - Ernie Kessler - I.G.

The location is really convenient for Nashville residents and seemed like a diamond in the rough to us.

My two cents, Lorain is a diamond in the rough. 

Hi, team.My name is Luke Diamond, and I’m a new investor in Minneapolis, MN. 

Also expect to make tons of offers, like hundreds to find that diamond in the rough.... it's not easy