Showing up to the house (or calling from their home phone) because they desperately need a van to get to work.

Finding a good deal, that has some equity and a decent loan and a seller desperate enough to let you buy it subject to is a TON of work.

I don't play in the residential space.I do get spammed by (Wholesalers) e-mailing me these (Awesome) deals (residential stuff).99 percent of the time they do not turn out to be awesome but duds.If you are a broker ALL the real estate agents activities that have to do with real estate falls under the brokers supervision.The broker can dictate with an IC agreement what the agent pays for with each activity and how much and even if an activity is not allowed by their company.Many newer agents are desperate to do a deal just like newer wholesalers because they do not have much money to survive.Doing a deal properly falls way to "I need the money at all costs" before I go under kind of stuff.This presents a huge liability to the brokerage.It just isn't worth it.I would say a wholesale deal has just as many hurdles as a real estate listing by a broker.Some deals are tougher and some are easier.You have to get a bunch of steps to happen to get it across the line.Some might say one is easier than the other but I believe that comes down to experience and knowing how to solve problems and get the deal to close versus a new person messing up a few steps or not being able to problem solve on a deep level.

I am a little desperate.

http://blacksburg.craigslist.org/reo/5477336792.htmlThe language in this ad makes me think this maybe is not really a "desperate owner", but perhaps another investor..thoughts?

Do you think they're concerned about ultimate accuracy if they know 90% of wholesalers are desperate for leads looking for something like this and will pay?

With this type of marketing I have found it imperative that the phone get answered.Only the crazy and extremely desperate sellers leave messages or call back.I set up an answering service to answer my calls.

They typically have an inventory for sale and at the very least know who is desperate and could feed deals once you work the relationship.

In a higher end rental, you'll be stuck with these hassles and more.Never accept a tenant out of desperation.

Just compare the price you pay for college, including Ivy League, which is less useful than Real Estate education;10) If you qualify, we will admit you, and you will be able to "dominate" your local market, you will always have your coach just a phone call away, etc.There are of course many more parts to this refined psychological attack and preying on mostly poor, desperate people, but you get the idea.