The third component that makes a good deal FOR ME is the potential for appreciation, both forced and organic.

year call comes and the committee meets, you may be called whether you've performed as a borrower or not. 

Hanging onto a poorly-performing property just because it will be paid off some day doesn't really make sense.

That should be the first, second, and third priority of a wholesaler.

When this is done, the cash flow off the building will more than cover my housing expenses.One final observation - if you think it is going to take you time to watch the markets before making a decision, consider becoming a lender over the short run (either by investing in hard money loans or re-performing notes).

Sometimes I think about cubicles, performance reviews, efficiency studies, reorganizations, downsizing, rightsizing, outsourcing, customer surveys, politics, employee surveys, budget reductions, 2% pay increases, mission statements, vision statements, presentations, progress reports, staff meeting, commuting, etc.

Depending on how much cash is actually left, 10-20 cents on the dollar seems like a likely outcome.These weren’t just poor performing properties that investor’s money was put into, but much newer investors money went to earlier investors and is gone, like Madoff.

I’d offer 5k down and 645$ a month and set it up in a trust with a third party paying out tax insurance expenses .

For example, structures that give the sponsor a better reward for performance are better in my opinion than ones that do not. 

I was looking into buying access to the Salt Lake County Records for a lump sum instead of having to deal with list source or other third party providers.