Here's an article I wrote on how to stand out as a wholesaler that might be helpful:http://www.biggerpockets.com/blogs/4430/blog_posts/32194-attention-wholesalers-2-ways-to-stand-out-from-your-competition

Thanks for the replies.I am actively looking for fixer-upper houses, browsing the "raw data" from the local MLS board every week, but I'm not finding any standout, amazing deals.About two years ago I tried doing the whole foreclosure/preforeclosure thing, going through the "Legal News" paper, looking up outstanding mortgages on properties, and contacting the owners who were in a purchasable situation.

This individual is now my mentor, business partner, and good friend.First deal: 100% attributed to Bigger Pockets.

Not knowing anything about him I believe he meets the two most important attributes for any guru - he's been investing for less than 3 years and he lost alot of money!

If you find a property that matches your goals where you don't need to offer cash in order to stand out in multiple offers, or to get a discount, I would leverage your money. 

And if so, what attributes would you like to see in it?

As you can see, bank owned (REO) properties constitute a small percentage of total sales where as in 2009 they were the majority of sales.Actual ReturnsWe have no attributable data source for the following but we believe it to be true based on talking to existing clients.

As an example, for a fourplex, 3 of the units will be 'investment' so the 1031 exchange funds will be attributed to that.

Send me a message with your email address and I’ll send you the address.And, make sure to read and ask questions on Biggerpockets, I attribute a lot of our success to this site!

Do this with enough people and one will stand out amongst the rest.