Do any of your friends know the neighborhood by name, instantly and negatively?

He is a cash flow investor, so looking for the quick pay day is not in his business plan.

If not then it's a free payday for them

If you have a unit vacant, then you will have negative cash flow instantly...

We all must look past the shiney objects within reach and strive to do better.I truely believe many of us have become excessively wanting of instant gratification. 

I have no minimums for sales or listings, and I am sure there are brokerages in your area that do that as well.I knew who I was going to work for before I took my licensing test, and as soon as I received my license, I signed up with the MLS, so access was just about instant.

You should be buying instant equity and increasing that equity with the repairs. 

At closing last week, I had $35k in instant equity, thanks to the discounted price.

I personally do not do them.In an owner fin deal there is an actual closing your name or entity is on the deed and you have title insurance on the property.As far a picking up a few more properties maybe pick up a distressed property that you can renovate and build somewhat of instant equity and then refi.

I typically do not wholesale a home for anything less than a 25% instant equity profit for the investor (although the percentage varies depending on the area the house sits in).