This has reduced my need to visit the property down to about once every 3 months.

I will highlight my 2 cents as a 15-year LL veteranDennis M from Erie makes a solid point - $500 deposit will not cover the extensive damage that a pet can do and the repair work that may need to take care of.So YES - you can get a little more money with non refundable deposits, or deposits, or higher rent.BUT actually keeping that money at the end of the day is hard to do.One thing no one has mentioned - that is that good prop mgt requires regular consistent checking in on the property - even better when you can drop in on a repair when they are not home or not prepared for your visit.

Make it clear to one agent local to each market that you will happily write offers sight unseen, but it's a waste of their time to lie about the condition of the property or overstate how great it is, because you and an inspector will visit it during inspection contingency.

If one's focus is wholesaling would be more beneficial to be available in the evenings, to receive calls back from potential sellers and visit properties since that is when most people are getting of work, thus checking the mail and available themselves?  

I would've certainly loved to inherit the Ft Lauderdale Condo my family used to visit before we moved there in the 80's...if not for me..for the sheep. 

Either visit them in person or post through their facebook pages asking for this.  

Visiting the area, if feasible, can provide valuable insights and boost your confidence in the decision-making process.I personally enjoy the Milwaukee real estate markets as they avoid lots of challenges that other markets seem to have.

With that said, now is probably too early to see that many lenders have experience or are already adjusted to the new rules.Bring an article from HUD as you are visiting your local FHA lender.

Visit Steph's blog (She's a contributor here on BP):http://www.flipthiswholesaler.netI think she addressed this question either in a video or a blog post, I can't remember.

I've also done literally one month rentals for visiting medical interns.