I'm in pain,...really bad pain.That equity is only worth $200k in PV and whatever the CF is. 

we completely drop the ball here and getting a hold of these banks to be removed its been a pain.

terrible quality and painting them is a pain in...  

Otherwise, it's a pain in butt to write up all those offers. 

Regardless of the health risks involved in untrained people trying to work with lead, asbestos, or mold there are laws in place that carry large fines for violating them.

You need to be able to ride out a short term situation when everything goes wrong without causing too much pain.

While some are scammers, some are immoral, some take advantage, some lie, etc, not All are that way (just as there are bad or poor operators in any business).So if you don’t like wholesaling or wholesalers, we all get your pain, but to continue these threads over and over is a waste of everybody’s time and brings out those who want to troll (which is also a forum violation).

There will be some growing pains as I look to do this, most likely purchasing a property I will need to do some heavy renovations on before I can rent it out, but I made sure to find an experienced realtor, and one who has invested herself. 

  :)Is PA a pain for lenders foreclosing also? 

Hi Karin,The above you mentioned used to be the case with FHA flips that were probably ear marked to be sold to Wells Fargo as one of their secondary market conditions was two appraisals if the sales price was 20% or higher than the acquisition cost when documenting the 24 month chain of title.I understand your frustration, they (Wells) just want to make sure that banks on the origination front do their proper due dilligence with valuation and documentation of the value to ensure that they will not have to buy back that paper from the correspondent lender (unless your dealing directly with Wells Fargo).Its hard unless you ask but if you find a banker who is originating loans and directly selling/servicing their government loans to Ginnie Mae(GNMA) then they may not require you to have the two appraisal and additional procedures because its not necessarily a GNMA requirement but rather banks on the front lines trying to reduce their risk and requiring these additional steps from you to protect their behinds.Generally you may find that on Flips they may need the appraiser to go out and certify that the property also passes FHA's health and safety standards as well so dont be surprised (double strapped water heater, CO detectors, etc).In the past I've had to show excel break downs of work done, invoices, bill of sale's, and others too but that was back when New American Funding sold the paper to WF (not any longer =).