What most often happens is that investors don't like the lower cap rates that prime corners provide, so they stretch their risk parameters to include similar properties but in weaker markets to get them the extra 1-2% increase on the cap rate.

Don't make an offer, unless you have all the details (ARV, Rehab, Prelim Title Report, etc.). 

Would love to know what others are seeing and discuss in further detail.

Virtually every mortgage broker* will use the FM Selling Guide for determining eligibility, or you google "fannie mae underwriting guidelines" for high level details.

If I count the number of times a week I was over at that property and the hours (or hours at Home Depot buying supplies for rental), it will be a stretch to say I spent the same amount of hours +1 hour as my W2 job.There's a CPA firm that has a few good videos on REPS and they go into detail about tax court cases.

You are missing out on an opportunity to train your inherited tenants to pay on time (and potentially extra revenue) by not using an online rental payment option where you can automate your late fee collections.

Do you normally include detailed criteria (as below) or keep the listing criteria generic?  

We're based in the Bay Area and looking to volunteer for anyone working on wholesaling.If you’re in the Bay Area and could use an extra pair of hands on your next wholesaling deal, let’s connect!

We're based in the Bay Area and looking to volunteer for anyone working on wholesaling.If you’re in the Bay Area and could use an extra pair of hands on your next wholesaling deal, let’s connect!

At the same time, 10 percent seems a bit low as well given all the extra work involved.