Thank you so much for your vast reply and here I would like to outline few ideas that I got:1 competitive market same as everywhere it is true and with the idea building more relationships through realtors, I am one as well, vendors and wholesalers something will come to fruition.

True.

This especially true with the signs of an old fire in the attic.

I'm certainly interested in trying this financing tactic, however, the true nature of my question is unrelated to real estate.

But I find this to not be true. 

After just over a year I purchased a second property and moved into it, turning this property into my first true rental property!

@Karl B.Very true

So, the bit about the sellers agent being able to hide things is not true. 

Do a little research in this area if you're not familiar, core CPI doesn't really show true inflation in my opinion.

You can't create a scaled wholesale operation by driving for dollars, using "true people search" and calling with your cellphone.