There's a lot of risk and it's highly competitive today.

You'd need to make sure the property is in rentable condition and that the rent will be high enough to debt to cover.

It really comes down to the market, and what the property value is in that area on the low and high end to see if your return will come back. 

Sight unseen and going to BP for GC contacts for a F&F, that's a high level of courage! 

My wife's is in the high 700s. 

It's like being a novelist and people write a review that they never read the book but don't like the genre (happened to me- better to understand that some people are negative and walk with your head high).

My network of private money lenders do get high returns, but it is not without a lot of due diligence and structuring.

Real estate continues to be high where I am located and when I calculate the mortgage payment with 20% - 25% down, it only breaks even with the rent I could collect. 

I lived in the area for a bit, and saw the high AirDNA rating for the area. 

@Molly JonesUnfortunately, many wholesalers that you meet randomly online are not very experiences or particularly skilled at what they do and often rely on bulk rather than quality so there is a high probability that they know very little about the property itself aside from the basic data that they obtained online through data scrapping.