I'm having difficulties getting momentum in my wholesale operation, been at it for a year now. 

I agree with the difficulty in getting lending but there is certainly a market for manufactured on land and a lot of these older manufactured homes and title removed and considered real property.

The point here is, because I thought my bid would only go toward 2007-2008 (and not subsequent years), I calculated my maximum bid way too low.I'd been trying to contact the owners (out of state, inherited the house, in financial difficulty themselves) in vain since September 2014, so I am almost 100% sure that they will not redeem the tax lien, or even know it's been sold. 

The contract price was $339k less the concessions.The other difficulty for this deal was that the purchase price was well under 1/2 the exit price as the rehab was extreme, therefore, the lenders all had their red flags waiving high on this deal.I met the appraiser and provided (on the day of appraisal, not before) the following information: Comps I pulled with photos and descriptions of each, list of repairs with costs and invoices to back it up on my rehab, and letter of explanation of the acquisition price vs. the contract price.I also had a nice conversation with this appraiser over the phone the following day explaining my sympathy for how hard they have to work and how the HVCC rules have really screwed them.Wouldn't you know it, the appraisal came in at contract price which, in my opinion, was very generous.Then, just before closing and after the buyer had already signed loan docs, the lender comes back with "we need a second appraisal.

Assuming its a good opportunity/good colateral, the debt is easiest to secure and equity is significantly more difficult. I

Difficulty working with architecture firms to draw plans, fix them, fix them again, and working to get an inspection from the DOB.

I am also a recent college graduate and am looking for an entry level job in the real estate world to gain some experience and knowledge, but the job search has been difficult. I

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I think in some areas you can successfully still do arbitrage, although it is becoming more difficult. I

Main problem is net income doesn't cover the debt service so while there should be some long term upside on the assets I am having difficulty finding interested investors.