What we don't have is the home buying and renovating experience (although my GF's brother is a General Contractor whom would probably be willing to give advice during renovations).Our main thing is that we don't want to buy like 99% of the people and pay the price that 99% of the people pay.Again, if you made it this far thank you so much for your time in vetting this idea or at least pointing out the pot holes I may need to look out for.

No one wants to say it, but people who want to wholesale without any kind of licensing either can't get licensed - a scary thought, since you almost need nothing more than a pulse - or don't have a pot to piss in and thus see unlicensed employment as their ticket to easy street.

It's one thing when I am buying a house in that condition, because I am thinking of the the pot of gold at the end.  

If you smell pot write up a notice of eviction for cause,, but get this addendum signed first.. and don't wait another day to do it.The high traffic is basically people coming and going at weird hours and simply write up a lease violation for that asap even without the crime free addendum the activity has to stop or you will file eviction for cause.  

I'd recommend running it through your rental property calculator and bench-marking it relative to your investment alternatives (and goals).  

It will be a negative if they need to charge Thier pots.

There are a lot of bench warmers who will talk the talk but haven't done one deal and they have been bench warmers for a long time. 

I enrolled in some classes for a degree that I had zero interest in but had what I thought a pot of gold at the end of the rainbow.

Again 10-20% are well kept (the kind that has well-kept gardens and potted plants outside).It's the corner row of houses next to a railroad (fixing the properties will make the road much more livable and appear safer)trees/bushes/grass is overgrown; seems like a cheap fixcurrent tenants have kept the property quite bad: trash outside, broken windows and from the looks of it, perhaps, trashed the place inside too.

So we're excited about the prospect of tapping into a bigger pot of money to use to invest.One aspect we find very interesting is the ability to take out loans that can be used for any purpose.