The NEREIA is great and is on the 1st Wed of the month so next one should be 4/2.

Or Johny meets a beautiful woman that he cant believe falls in love with him and with car pmts he is wondering how he will save for a wedding since her parents dont have money Or Johny is married has a baby and wife leaves job and it cause income for couple to get cut in half.

I think there have been some very valid points made here pertaining to wholesalers, and a common theme that I have seen in this thread is that maybe some dealings with one or two "bad" wholesalers have really caused some people to be completely biased against "any" person identifying themselves as a wholesaler or has anything to do with wholesaling.

You got some good advice on how to value the property and it sounds like the main theme is - be conservative.

PM couldn't locate him on the 6th, but located tenant's adult daughter, who also lives there, on the 7th (Friday) and handed her the 3 day notice, which he also mailed.  3 business days later (the following Wed.), PM talks to his attorney to begin eviction on Thursday and attorney tells him that since the daughter is not on the lease, he has to start the 3 day process over again. 

I've worked with hundreds of private sellers over the years, and I see a reoccurring theme a lot.

I am sure not all homes are like this.. but for me Its more than theme its reality  in the long run your deal will boil down to PM and tenants  if you can keep turn over to a absolute minimum and you have tenants that are very kind to your property you should do pretty well. that price point and rent in Dallas should get you decent folks in both respects.I don't subscribe to the rent appreciation theory I think rents are topping.. and people are going to drop back into buying houses when house payments are lower than rent... its a cycle that's for sure... but 1300 a month even in Texas will buy a nicer home with an fha loan that they are renting from you... at some point this is going to turn in my mind.

But common themes are greed, a “can’t lose” attitude, leverage and/or "funny money", and amazingly enough, thinking that we’ll be OK because it’s different this time!

  Hello BP Community ,I have couple goals and some of theme I  reached.Real Estate Goals :-I am new to RE, and my new goal is   to get as much cash flow as possible by doing direct marketing to get deals, than wholesale some of it and to keep some as " subject to", when I've got this done good enough I want to switch to triple net properties and buy tax leans. 

If you notice in my advice, I have theme of, following the comps.