Its since sold and whomever is rehabbing it is making it look really nice, but I seriously wonder WTF was going on in that one "dark red" bedroom, like there was a cigarette smoking competition going on for the last 10 years. 

@Adam Marx Unfortunatley, most wholesalers won't allow any inspection period or contingency, that's kind of the risk of buying from them, but the benefit of getting a property under market value and without much competition. 

Unless I’m wrong.I thought maybe to buy apartment in 400K range in Miami in some tower and make airbnb from this, I know there is huge competition but a lot of people always coming there for vacation what is your thoughts ? 

Right now competition is lower because buyers are scared off due to what they perceive as higher rates.

Prime + 1.25 for a HELOC on an investment property seems incredibly competitive to me.  

Small multi family inventory is low, so it does make that asset class more expensive and competitive, but there's always deals to be found.

I feel you because I'm actively looking for my first house hack in a competitive market. 

I know CA is a very competitive landscape so getting started in that market is going to be challenging. 

If you really want to outperform your competition, look to amenities and stand out in the crowd.

And yes Property Radar is an Awesome tool I think one of the most robust in the market place.. we have found a few gems with it as well here in UBER competitive Oregon.. and I am talking low 6 figure profits on one deal that we beat everyone to because of Property Radar.