Just trying to get in the game and after doing research in my area on MLS, public records, driving for dollars, local market white papers etc. this fell on my plate! 

Not only did I decide to make real estate one of my main focuses of investing I also fell in love with how the system works.

Both of our first properties fell into those catagories so it did not work for us on those.

The other one that fell through had a judgement filed against the homeowner right after we did the quit claim with the mortgagor and were about to close and redeem the property from the person that bought it at the sheriff sale.That judgement terminated the mortgagor's (and therefore our) ability to redeem that property.The response rate on our marketing campaigns has been extremely low; south of 1%, in fact.Our campaigns include door knocking, leaving notes on doors, as well as mailing the property and new addresses of the owners (when applicable).  

If they is any one that has the time to help a new beginner fell free to let me know.thank you

The seller wanted to sue the investor/realtor for assigning the home to someone who ended up causing $15k damage, and the buyer wanted to sue the investor/realtor for the $15k assignment fee they paid about a year before the deal fell apart, even though they failed in their obligation to the seller and trashed the house.Long story short, both the seller and the buyer's attorney's ended up threatening the managing broker of the investor with a lawsuit after they both tried "legally extorting" a collective $30k from the investor/realtor unsuccessfully, and the managing broker started to panic as well, which also had a negative impact on the investor/realtor too.So here's the moral of the story:1.

Just because sex wasn't mentioned in the contract doesn't mean your not getting busted for prostitution because the intent, regardless of the verbal contract details, was sex for money.Wholesaling if done correct is perfectly legal, you can most certainly assign your interest in a contract. 

I rarely heard about multifamily buildings where occupancy fell 40% in short time frames.

Despite a very good townhome, it was rented out with badly stained carpets, damaged kitchen vinyl flooring and appliances from the 70's..... the roof literally fell on our previous tenants and it was like pulling teeth to get him to pay a DECENT roof repair.I recognize he's pretty lucky to get it rented out at all now, let alone 15% above market value.

We fixed everything on the house before leaving in preparation to sale the house.The house sold for $268,000 but fell through twice.