We follow a similar model as @Bill B. and with similar results, except our properties are from the 60s, so we gut them and rehab from the studs up, basically resetting the clock. 

It will familiarize you with the basic terminology and benefits.

Assuming your property is in Utah (like your profile indicates), here's the state law from a basic internet search:In Utah, a tenant who abandons a rental property without notice is liable for the lesser of the following: The rent remaining on the leaseThe rent plus the difference between the fair rental value and the agreed-upon rentThe cost to restore the property to its original conditionThe landlord can also remove the tenant's belongings and sell them if the tenant doesn't claim them within a reasonable time.

They focus on safety issues, such as wood rot, water damage, and structural integrity of balconies and decks.

What qualifications do you believe you possess that would make you a good candidate to advise others on the quality, safety and performance of potential investments?

Thankfully I have no property in NY.I loved this quote which shows just how clueless people are about housing issues:“Housing instability is at the root of so many problems facing our city, such as exacerbating homelessness and hunger, failing to meet our children’s educational needs, and undermining public safety,” said the CWTU in a statement.

So basically its a "warm and fuzzy" about a property.

Steve Morris, that was a long post just to basically say wholesalers are shady because they aren’t realtors or brokers.Obviously wholesalers work a LOT differently than a broker or realtors.

I essentially present to them my numbers of what I can redo the property for, and they loan me 80% of the ARV basically no questions asked except for an appraisal.

Someone might be willing to purchase with negative equity if they are able to take over your <4% rate with basically nothing down.