But at $25 a pop, the sheer number of notes I'd have to manage for it to be more worthwhile than other things I could do with my time make it untenable. 

They're not always in this part of town but every now and then something out here pops up. 

Personally Im not seeing anything telling me the market will cool down (or that we're in a bubble, soon to pop) soon but would love to hear what other have to say.

Also google the name of the city and demographic/job growth stats will pop up.  

How many pages pop up?

See how many pages of results pop of for them.You will become an expert in a much shorter time period if you are not going in 5 different directions at the same time.

See how many pages of results pop of for them.You will become an expert in a much shorter time period if you are not going in 5 different directions at the same time.

Its almost like the mom/pop are the ones that do know the law correctly.

If you are going to start wholesaling it's very important to learn your area and what investors are purchasing and how they buy because those will essentially be your customers, also type in the search engine direct mail letters and a ton of information will pop up as far how to market to motivated sellers.

If it is a under 25 unit complex, chances are that this is a mom and pop operation.If so, many of the same tools to buying a residential unit may apply.Scenario 1) is the owner high equity?