@Luis MazaRegarding wholesalers, probably 99% of those deals are garbage.

I repeatedly hear from wholesalers that direct mail still works and is one of their strongest tools.

You can also reach out to wholesalers in your area—they often have established buyers lists.For the contract, a typical timeline for a wholesale deal is 30 to 45 days.

If you want to JV your wholesale deals you want to do it with someone you know, like, and trust over time and have met in person.There’s nothing more wasteful and inefficient (in the private sector) than financial intermediaries engaging in a “daisy chain” to try to close “undoable” deals.

Just ensure this is clearly outlined in your assignment agreement.But in my experience, typically the wholesaler submits the EMD with the PSA to the title company for escrow.

Most of the big land wholesalers whole-tale the deals, meaning they actually buy/close on the land (using their own money or other people's money) and then list on the MLS to sell, because it is very difficult to find buyers without widely marketing it. 

Trust your gut and focus on building genuine relationships first.

If you have any further advice, particularly on assessing due diligence with updated systems and recent price reductions, I would genuinely appreciate it.

However, I also got one of my best deals ever off-market as a double wholesale because rents were $700 and I knew they could be $1200 with a little bit of work.

I’m genuinely scared and wonder if I should put the tenants in a hotel?