How would to determine to just do the packaging or go all the way with the building?

Once I have determined if something meets my CAP rate goals, I simply use this as interesting information for review as I compare it to other investments - but again, realizing it is false precision.

in an area, town, county etc - this is similar to Tray's question but his was very specific - this is a general question for any state of the union.thanksklh

With respect to providing BPO/CMA for cash/gut/off market deals, I would only do BPO/CMA to determine an ARV. 

Determine what you want to do, then research based on your wants and needs without the $$$ being a publicly made fact. 

Sure, you'll make mistakes and ask rookie questions in the beginning, but as long as you can show you are serious and determined, you'll score points with more experienced investors, which could open some doors for you.

All 3 business models you mention (wholesaling, flipping, buy & hold) require that you know how to 1) determine value (after repairs), 2) estimate rehab, 3) evaluate a deal from the standpoint of a flipper or buy/hold investor (the customers of wholesalers).  

If you are a good judge of character a face to face meeting with the management company to ask some basic questions as well as a drive through to check the maintenance standards of the community will help you make the final determination.

If you are looking for an intelligent, hard working, and determined wholesaler you don't have to look any further.

This way you are not bleeding the lot rent monthly in addition to making repairs and marketing.Everyone here respects your ambition and determination to move forward in this niche rain or shine.