Jason Timmerman funny thing I just move here to NJ from New York queens not long ago and in that NYC market there's zero wholesalers but I had to leave due to market being dry out.

For example your 180k property would have to sell for about 110k to make the ROTs work. 

When those dry up and the company folds, so does your warranty.  

If you want to find good deals, you need to get in your car and start driving around areas and finding run down houses, not odd looking houses, or 1830's sheds that got converted into houses that no one wants, but normal houses with trash piled high, run down to the point of basic TLC, but not rotted out.

Here's the short version:House was sagging in one corner, looked like dry rot and home inspector confirmed this.

I had my home inspection yesterday and the inspector noticed some rotting underneath the clapboard siding (pretty bad in some areas).

I agree with Alex Deacon if the existing roof is in half-decent condition (no sheathing rot, existing shingles not overly curled, etc) AND there's only one layer, you can add a layer on top.

Food rotted, middle of summer heat was horrible.. we gave each unit $$ for food loss.

While they wait to sell, the rot and mold are lowering the value of the house.

We are looking for a small project to take on next but mls is pretty dry here this year and nothing has come up that the numbers make sense to me yet.