If you want to get into wholesaling its a good idea to find a farm area where the majority of transactions are cash transactions because then you will know that many investors are buying there.

After that, I would also suggest reading up on the more major headline events such as the Robo Signing and the MERs debate, I even suggest reading up on the Dobb Frank Act effect on the mortgage secondary market.

If there wasn't a list of damages, then I would assume everything was in proper working order, no major issues at the time he moved in.

I'm no pro, but if a property is on one side of a busy street or major boulevard, even if the house is comp is within an eighth of a mile, it might not comp correctly.

You could find apartments for cheaper, but then you're getting into some rough areas or it's a piece of junk.Same story for downtown Seattle and the majority of the popular spots in the San Francisco Bay area, however I have less experience in those markets.

Now that I see there could be major delays, I'm thinking it may not be worth the time.

That said, personally, I like to have the *major* stuff inspected ASAP - my roofer will do a quick check out if I buy him lunch & my Hvac guy will check that out for ~$50 - those two items are expensive & if they're not right, you want to ask for an adjustment at the beginning of a short-sale & make sure the lender knows they're bad.

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Let the truly guilty landlords bear a majority of the cost.

A criteria that a majority of the buyers are looking for.I will be able to use your criteria to find the high quality properties you all are looking for and will be able to start marketing them.