The other thing I steer clear of is melo roos.I have never been told this by a lender and I have a conventional on an income property with an association in CA.

Please some one steer me in the right direction. 

Please some one steer me in the right direction. 

Please some one steer me in the right direction.

The other part of wholesaling that is a possible red flag is Equity Stripping, AKA Illegal Flipping, this was heavily regulated till a few years ago by lenders, especially M.I. companies, they have relaxed the rules, but was a problem pre and post crash. seeing the increase in this activity seems eerily familiar,  like 2007 all over again. just be careful especially with your license, Disclose Early, Often, and in Writing, My license is too valuable to me to be involved in this type of transaction, so i steer clear. if my entity is on the contract, I am the one closing. period. 

Hey @Nadine Lajoie - steer clear of QB, it's not for landlords. 

I've listened to Matt Theriault's podcasts, which I believe are enormously helpful.It was his podcasts that steered me to looking into wholesale real estate, as the no money down/connecting sellers with buyers, concept is attractive.I currently own a contracting business, which as of late has lost its appeal.I know the construction business well and have lived through a pletherea of learned experiences.Not that I'm bored with construction, I'm wanting a seemingly more fluid cash flow business.What I've learned, and frankly want BP's thoughts, is that I'm looking for distressed property or owners as potential sellers.I want to connect those types of opportunities with buyers, who either don't have or want to take the time to find the properties I'm willing to do the work to find.Based on my reading of BP's UBG, understanding what buyers want should be the first step, versus finding sellers and then buyers.And, that a great resource could be county records of cash buyers and that that step would provide potential buyers.Question:Has this approach worked for you?

They might help reinforce your decision to invest in that neighborhood or advise you to steer clear.I see you've done 1 flip so far.

Or would you steer clear entirely?  

We want to keep everything legal and above board, so we're steering clear of any properties that aren't zoned or grandfathered for the intended use.