Wholesaling will work if you know how to run the numbers and also requires a lot of work to find the deals that leave enough meat on the bone for the end investor as well.

It took every bone in my body to stop myself from suggesting a subject line that I came up with.

But if there's enough meat on the bone go for it!

Certainly worth having your broker review it to make sure you're not making any bone-headed mistakes, though!

I want places with the potential to add cosmetic value, with sound bones, and a nice yard, as that makes my property attractive to tenants with pets, increasing my applicant pool.")2) Make a list of every property that has sold in the last 90 days in your area.

Yes I am working the loan down, building equity, and the neighborhood is doing fantastic as far as appreciation goes so as a tool to borrow against it is great, but long term is it truly a good investment because even though I love the place and the neighborhood and the type of renters it attracts, There really isn't much meat on the bone to actually make a living off of.

We talk about analysis paralysis regarding a deal, but for me it’s even before that… I’ve got some cash saved, a good W-2 job with decent income and great credit (>800)… but the job requires most of my time so I don’t really have the time to “bird dog” or rehab or wholesale… I’m looking for something relatively passive… I realize that means I won’t get all the “meat on the bone” for myself… That’s OK.I’m looking to invest for cash flow at this point.

The bones are good. 

There's not enough meat on the bone.  

Once you determine the after repair value, you can look at the repair cost and see if the deal is worth it (ie if there's enough "meat on the bone")