What is your favorite notes to buy and why?  

After moving a nice doublewide manufactured home (1999) from seattle (no hard water) to tri-cities desert (lotsa hard water) after one year of tenants that may not have cleaned the tub surround, the tub went from an almond color to a reddish color.  

They are my favorite. 

However, the strategy is meant to generate cash rather than purchase great stocks, so the focus is on selling the "put".I know, just show you the numbers already....turnkey numbers (scroll -> for narrow screens):table { }td { padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 12pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri,sans-serif; vertical-align: bottom; border: medium none; white-space: nowrap; }.xl63 { } price dwnpymnt cashdwn mortgage rate closingcost rent management pi piti capex vacancy cashflow modified cashflow coc projected seller financed paymentfor 12 months 90,850 17000 2925 68000 4.75 25413.33 1050 105   538.34 105 52.5 249.16 44.99 0.103636742 204.17 82700 16540 0 66160 4.75 22445.62 900 90 345.12 499.78 90 45 175.22 175.22 0.127124547   79700 15940 0 63760 4.75 20505.91 875 87.5 332.6 476.82 87.5 43.75 179.43 179.43 0.135079046   Some back story on the financing, The first property appraised for less than the agreed upon price.

Part time landlording has been a worthwhile part of my professional life (often my favorite part)...

Some people are spending 10 to 20,000 a month or more to find motivated sellersBeing a transaction engineer and looking for other kinds of problems besides Wholesaling problems I think is wise to get startedMy favorite kind of problem for newbies I think is low equity, were you help the sore so I'm terms and make some money generally 3% on a lease option assignmentThe feeling I get from the OP is he thinks that one deal can make him "whole" and get him out of a difficult financial  situationA better plan is to get a job that pays the personal bills and borrow some capital to start a businessThe problem with Wholesaling as your only tool in your toolbox is it takes a long time for Marketing to kick in and many people don't want your offer so there's a lot of rejection in the beginningI like expired listings and talking to Sellers about other ways to sell their house besides cash@Cory Baker

Figure out what you base, pessimistic, and optimistic IRR is for a 5 or 10 (or whatever) year hold.If you're not already doing this, read up on IRR in your favorite REI book or online - it forces you to consider all the angles of income and expense to figure out if it's really a good investment for you or not.

If dealing with a more aggressive personality, take the approach of the business owner that is confident enough to handle any situation.I suggest that you take a look into a course on personality profiling such as the color method, and get your employees understanding the concept as well.  

This is one of my favorite features of Bigger Pockets especially for asking specific questions.

My personal favorite is Mike Ferry and his son Tom Ferry.