Also be careful of lowballing too much. you could not only get a blatant no with no wiggle room, but if the seller/selling agent know a lot of people, this could hurt your reputation in the area.

So guys, be careful.

Hi BP,I am analyzing some properties right now and noticed while zoning in on the area, that there is a powerline directly in front of the property, the neighbor directly across has a beware of dog sign, several neighbors have an overgrown lawn, and a few houses down it appears to be a junkyard or owners with several junky cars.

Because I've been there - more times than I care to admit.The hardly waits will cost you money and you'll make (most often) bad decisions, because your judgment is clouded by your intense dislike of your current situation. 

Typically lenders care more about your debt to income ratio. 

The next purchase might not be as big of a home run but as long as it is decently cash flowing - who cares!

In truth I didn't evaluate it that carefully.

Not sure you can assign a contract for notes like you can a house.Be careful about wholesaling in Florida, it may be illegal without a RE license 

A wise mentor of mine said “turn your house into the bank” and so if you borrow against your property, to then buy another property, in a sense the bank “doesn’t care” because you know have two assets, not just one, they can come after if you default.

The government wants you to pay for your own retirement so they should cut other programs first because the govt would have to take care of you in retirement.