Three of mine are real logs.

If the answer to both added questions would be "yes", then you have a potential goldmine here.Combining the seller's concerns, and the reality of a big down payment being a negative to the seller (see Q: 1), you should be able to set the terms, with a lower DP, and controlled interest rate, to have this property CF and,...be able to sell the package to another REI down the road,...as long as you buy this using an LLC (a new one). 

So if a bad mechanics lien was filed against a rental of mine and the contractor took no further action the lien goes away after 2 years costing me nothing. 

I have 3 properties and that seems to be what I have observed at least with mine in the Phoenix Arizona market. 

Some of mine are only $50 so its only $1000 for the year but that $1,000 does mean something and sometimes it comes down to principal.

I'm actually in consideration of allowing an individual to conduct rental arbitrage with a rental of mine.

this is an old old program I had clients of mine doing this in Detroit back in the GFC they would buy a house 1 to 2k sell it on contract for 20 to 30k..

She is meeting on Wednesday to take the listing and find her a new home ( probably one of mine though LOL)    But that is what I see the main difference in wholesaling without a license and licensed agents who do it for a living. 

When I was made aware by a colleague of mine I emailed them.

And investing in cheap homes is absolutely fool's gold.