On a recent podcast he had found some problems with a roof and was asking for 3 million in concessions.   

New roof.”

There’s no indication that the leak is coming from the roof so it’s got to be from the walls or the ground but I’m at a loss on how to diagnose the cause and fix the problem.

I’m from ellensburg WA and prices are through the roof here and don’t make for a good buy and hold my price/rent ratio would be around .5-.6%

For example:to replace a roof you usually need permit.

After talking with the seller, Furnace needs to be replaced, part of the roof is 3 yrs old/ most of the roof 18yrs old, plus back taxes of around 5,000. 

Estimates are way way over $100k in repairs and they claim in the appraisals that you can do a roof, paint, flooring, new ac, pool replacement plus pump and plumbing, 100' fence, new kitchen, remodel 2 baths and all new flooring as well as re plumb the house in a 2200sf house for.... $45k!

(fill in the blank)... replace the roof, or resurface the pool, or repave the parking lot, or replace an elevator.  

It’s not going to be high volume that wholesaling implies.If you’re familiar with the real estate economic cycle, you’ll recall that the period following a rapid period of price inflation leads to a flat period (stagflation - rising interest and flattening sales). 

What that usually won't cover are the big expenditures, like the AC needs to be replaced (say $4,000-5,000), or the roof needs to be replaced (say $10,000 to $20,000).