BiggerPockets has been an incredible resource for me personally, and have learned just about everything I know from the site and podcasts.

"For Sale By Owner" aka FSBO leads are a common source because these are folks that are motivated to sell and are not currently working with a Realtor.Focus on speaking to as many people within a specific time block each day and do it consistently.

Seems like a pretty incredible return!

With the help of an agent we found this deal My initial offer was accepted as the seller was motivated to sell.

Right now I'm just incredibly motivated to get this first purchase down. 

Let's say I get a motivated seller via drive-for-dollars, do I use a realtor to actually arrange the purchase? 

The important thing here is finding out why they don't want to work with wholesalers, what their motivation is, what their timeframe is, etc..Best of luck to you moving forward!

Even though it's a fake show, the premise is that a motivated seller agrees to sell something NOW for less than the market value they are told it is worth.Real estate can be the same way, some sellers will always accept less cash NOW rather than wait an unknown amount of time to get the highest value.So, a good wholesaler doesn't have to steal equity from a seller, they can just offer a quick close for an under market price.

At that point, you could hire a leasing agent instead and save on the monthly dues.Lastly, depending on the quantity of units, there are many software solutions that are incredibly cheap, if not free

because of new hosts managing from abroad not doing proper guest screening and having incredibly low prices that attract all sorts of people to their place.