As wholesaler you just want to get in and out with profit to you as swiftly as possible.

Be swift, polite, firm and fair.

If they misbehave, hit them swiftly and keep them on track or get rid of them.2.

@Jerryll Noorden  cash out refi for someone who is brand new is going to be improbable any HML ( and I have been one for years) is not going to bite on this scenario.. you could just pocket the cash and walk. as a newbie as you self profess you will need skin in the game and probably 20% or more regarless of how good the deal is.. you may find a private lender who is not to swift just like the sellers are not to swift to leave such a huge margin on the table.. unless of course you just dealing with little old ladies who know no better or others who are not swift.I get it if the house is a hoarder house or major issues. so want to make sure the newbies following this thread don't get the idea they can do no money out of heir own pocket deals with HML becasue3 that simply is not the case.. and I would bet you will pay 4 points at least being new.. 2 points is generally for a experienced known borrower.did you close the ladie that would not get back to you and you have to drive two hours to see here?

Owning a failing commercial property as your sole source of income will not only prevent you from inventing, you will have to get a job.I'm not anywhere near as well read as most on BP and I'm an action first, roll with punches and figure it out investor; so, I'm all about taking intelligent, calculated and swift action but there is more time in that than you appear to understand.  

We rarely need to post notices to comply, but when we do, we act swiftly.

Thanks for the swift replies !

Communication and swift response is so important for tenant retention.

My credibility as a person yes but had I said this was my first project, I'm sure my success would not have been so swift.2) My Learning & Development  - I became an expert on the market, project and team by talking w/investors, reviewing everything on the deal deck, going to the property (3hrs away), talking w/the current property manager, going into the units and reviewing the property, surrounding neighborhood and validating what I knew about it already.  

Marshall and Swift has an online reconstruction cost estimator if you can get access to it - if not your agent should be able to.