One major issue is not having clear expectations of who is going to do what in the business and how decisions will be made.

I started investing in the stock market about 4 years ago and am majoring in Finance.

Ask a Realtor who the major investors are in your area and call them and ask for referrals.

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.

If one does, it will be the exception, not the rule....Not totally true, as one marketing tactic for listing agents is to canvass FSBO signs to try to get the listing!

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.