Recently I have been seeing a lot of traction on Real Estate software (REI Robot, deal finders etc.).

But in this instance, both fear and desire are linking up to create a monster: “I am afraid to lose out on this deal/I really want to make money in real estate just like on TV!”

And you want to be like your hero MSOOTKAUG, and build an empire, then establish your self among the filthy and powerful while secretly building an army of robotic minions to take over this rotten planet?

I bought a house that has low spots in the lawn where water pools (attracting mosquitos), more weeds than grass, and the front walkway, driveway, porch, and garden pavers look like Frankenstein's monster.

This isn't required, though, as far as I know.To some specific points:The fridge doesn't have to have its own dedicated circuit, unless it's some monster $10,000 Sub-Zero 30-cubic-foot built-in thing.

@Brian Ellis Hey dude, no the baseboards were these monster 1x8’s and they added a wood trim to the top of them looked like.

If you buy in an LLC you need to find a commercial lender, which is a different monster.

wholesaling successfully and by that i mean making at least 100 to 200k a year net.. is very tough.and those that do it and make even more than that.. well they are highly skilled vertically integrated and have staff.And monster marketing budgets etc.. 

The fact you have 420k gives you plenty of wiggle room if you are looking to do multiple small properties but can also allow you to do new construction if that is not too much of a monster for you to handle.

A property in a D area will probably have monster cash flow(maybe, depending on turn over costs etc...), but little if any appreciation.