I do not want you to loose money --in first deal and get disappointed - first learn lot of things -- Contracts, assignments, transactional funding, Hard Money, Repair Costs , Soft costs etc-- Marketing Extensively --how ?

Bill, that is a really good example of finding the good soft spot of a very particular seller (In this case, a charitable cause) combined with the right skills to execute it and you've got a successful deal.

If the market is soft and you end up holding it in a depreciating market, you could lose your butt!'

When markets are soft and inventory is high, no one will build new houses.

I'm looking for anyone who is currently working the Freedom Soft software and has room to add another investor/From my understanding this program is awesome and it make wholesaling nationwide so much easier?

One person will want hardwood everywhere (allergies, etc) but others will need carpet (small babies need a soft landing).  

What are the few "soft" emotional factors that you look at apart from hard metrics and jump out saying "Good Deal" Is it the agent who is vouching for it, other investors investing in the area, gut feeling, neighborhood.

Try to get a soft commitment from them meaning you tell them "If I find the exact house you want in the exact area and within your price range, are you willing to sign a purchase agreement right away?"

Speak softly but carry a big stick.

A couple of key questions to ask yourself and to help other investors evaluate the deal:- What will be the total investment needed on the new development (i.e. land + build + soft costs)- Are you confident you will be able to secure financing for the build?