My guess is that if they cold-approached you at $500k you could get it for $400k.But hey, I'm 2 glasses of wine down so you should probably review my logic with a critical eye :)

@Vincent Crane thanks for the info. what is the source of your claim?

One of the best ways to continue to leverage liquidity is to source a Qualified Intermediary for a 1031 exchange.

And to this day i still only have 2 serious buyers ..But the 1st thing you need to do is get it out of your head that there is an easy way to this, and you can get some secret that no one else will that will make you lots of money.1. study to show your self approved, learn every thing there is to know about wholesaling from start to finish.Find the best contract to use, call local title companies, find out what title companies are use to working with wholesalers. etc....Learn your area and whats legal, ....etc...go the whole nine yards2. specify a target lead source something simple to begin with (example absentee owners)look where to find these people, buy a list etc...3. dig hard and do some research on what letters seem to work best, the wording, the phone number etc.

As mentioned screening is critical make sure you are doing back ground checks, reference checks and income verification.

You will expose yourself to a wider pool of expertise which is critical for real estate investors.Many of us service clients all over the US and even world.

Finding and retaining help to increase the pace is critical to me and my business and is currently my greatest challenge keeping me from expansion.   

In this state you would be better off finding another source of your deals.

What I'm looking for is some quality education sources I can use to learn this area of investing. 

Welcome to BP you've found a great source of knowledge to help you get off to a great start.Best of luck to you!