Judging from sentiment here and elsewhere, it's going to be an uphill battle - but the ROI seems to be there.

@Julie DeWolfe Arroyo something smells fishy about that.

If you are still smelling smoke, they didn't paint it correctly. 

OMG your website is awesome, my mon is getting older and I love the work you do with your robotics, and you are SOOOOO HANDSOME can I smell your face?

Structural issues, terrible smells, no HVAC, Plumbing, electrical, walls, ceilings, etc... wood rot, termites, asbestos, you name it!

Also not sure what constitutes as proof because believe me, I never knew what smoking meth smelled like til now.

Also even though he had be last seen only a day or two ago the smell was pretty over-powering.

Additionally, I changed the carpet/retiled and painted to get rid of the smoke smell.

So there's not usually anywhere near enough of a margin for on-market properties.There are cases where that's not true, for example where the seller might be very motivated (and have enough equity to be willing to come down significantly from market value), but those are somewhat difficult to find, especially in this market where anything that has a hint of being priced below market or any kind of seller motivation tends to get scooped up pretty quickly.It's more difficult to get a good deal on a property that doesn't need work, simply because you don't have that to justify making an aggressively low offer (one low enough to give you enough margin to wholesale it).As with getting a great deal off the MLS, it's certainly possible, but it's less likely and is a bit of an uphill battle.

As for the due on sale, if it does get called, you can simply transfer title back to them if you couldn’t refi.....no harm no foul.