Then start reaching out to real estate agents in the area you like with a specific focus on agents that have experience working with investors if you can find one.

Carrot has a template specifically for wholesaling.

A careful present value of the two strategies would need to be made based upon a specific investor's circumstances, goals and objectives to determine which would be best for them.  

Does the FHA guidelines say anything specific about this?

Typically we have paid appointment setters based on specific KPI’s which are typically getting the appointments setup.If they bring the lead but someone else cannot close it that is really not in them.

I'm not familiar with that specific term, but if you are looking for information on foreclosures, check out something like dealmachine.

Especially if the deals you look at have been on the market for a while and aren't going to have multiple people looking to write on it.You could try having an additional person on your team who's niche is providing boots on the ground services.

For the purposes of this section, it is immaterial that the person to whom such payment or compensation is given made the referral or performed the service from within this state or elsewhere; however, a licensed broker of this state may pay a referral fee or share a real estate brokerage commission with a broker licensed or registered under the laws of a foreign state so long as the foreign broker does not violate any law of this state.any person engaging in Real Estate services for compensation of any type must be licensed unless they hold a specific exemption. 

I'm under contract on another one in eastpointe right now.Sometimes its hard to look at a location as a whole, but every property we buy we look at the specific location.

The "market" you should be using is based on specifically where you are investing.