I'd be interested in hearing about a lender who will go above 70% LTV with cash out and minimal seasoning, especially based on a new appraisal.

All we can do is minimize hazards.

Of course, there are desk fees, MLS fees, NAR fees, etc, but they can be pretty minimal as well if you're generating lots of transactions.

But I would never write a check for a property that didn’t prove to be profitable with multiple exit strategies available to me, which would minimize risk.Like Richard quoted above: Make a distinction between being interested and being committed.

How can I minimize my risk?

In my opinion scandals would be minimized if it were not for companies like the company suing me and strong arming me out of helping the public understand exactly what type of business they represent.

It's a 2/1.5 with a bonus room (standard block florida home)curently listed at $35k and needs minimal work (maybe $3k if that). taxes will run about $700 and insurance around $400`(not in a flood zone). zillow estimates the homes in the area to be about 78-80k.rent for a 2/1.5 demands anywhere from 750-800 in the area.does this look worthy of going after?

It's simply about minimizing your exposure, IMHO.

Wholesaling requires minimal cash, mostly money for advertising or mailing.

And what provisiion can be implemented to catch,repair and minimize small water drips and gushes.