From what I could find on the county website I was making a guess that $350 would be appropriate for ARV, but I think a call to the county would be in order to verify.Thanks for the pointers!

Then, it becomes our REO and we transfer it to our end buyer the same way you conduct your typical real estate transactions i.e. through escrow, title, or closing attorneys with the appropriate Grant or Warranty Deed.

A Foreclosure is the Lender/Bank has taken ownership of the property and now controls it, seeking to get back as close to the original loan amount as they deem appropriate.

You might want to do your own calcluation, again if you have access to reliable data.But besides all that and just going for it, as a general rule, so long as the entire economy is not in the crapper, all properties sell, usually quickly, when appropriately priced.It's usually an over-priced property, or a property with issues, that keeps it from selling, if that is the concern you are trying to work out.As far as identifying areas to farm (lol I thought you were trying to buy a farm on the first read) well, if you don't have access to the data to figure it out, maybe following the leader is your best bet.Best thing about the Zillows of the world is they publish solds.

I have tried to read IRS publications that mentions "rehabilitation expenses increase your basis."  

But to set up these structures becomes more and more costly - so you just take the appropriate steps as you move forward.

Wholesaling is advertised as not taking much money, but it needs a lot of knowledge to appropriately get a house under contract, estimate the repairs, and sell the contract on to another buyer. 

Saw this on Reddit, and seems appropriate to share here.

This is not the way to get started.There are many people who have made millions but have hardly any worth (Jay Z, Tony Gwynn (National league batting average award is appropriate named after this great player), Rollie Fingers (one of best relief pitchers of all time), Pete Rose (all time hits leader). 

Anyone have any feedback from where they have aggressively pursued this avenue out of the gate and gotten the appropriate return for the capital invested?