all awesome info...I relate to this as I am often out of country..I have bought through trusted eyes for a buy/hold, never a flip.....could you chime in on either..1.regarding an online auction purchase, and seemingly growing trend... they seem to all say "as is", no contingencies, no views, no diligence...how in goodness name can you confidently make an offer on an online auction w/ no walk through contingency?

I posted that I am looking to purchase a home for cash...Not sure if this is the norm, but my first reply to my post came in today which simply stated:her name.. the addresses of her 2 properties and her email along with the sentence"looking to sell 2 investment properties"Now I'm not sure if this is the norm to get emails like this... which ends up becoming misleading... or is a true lead.I don't want to celebrate this small win of mine just yet.... as I'm not sure if I am missing something here.To be honest, i JUSt started getting into wholesaling and I am looking to test the waters on Craigslist. 

But provided you trusted the association and the HOA fee's aren't more than home insurance, I think getting one to live in for a year with an FSA loan then renting in year 2 makes sense. 

All items are to be addressed prior to closing with follow up city inspection.The property needs about $60k in repairs or replacements of items such as driveway, windows, heating units, side walk etc based on inspections and estimates.

All items are to be addressed prior to closing with follow up city inspection.The property needs about $60k in repairs or replacements of items such as driveway, windows, heating units, side walk etc based on inspections and estimates.

I still trust people, but I also do what I need to do to protect myself. 

Here is what I had to do to open the account:1- Had tenant fill out a W9 and send me his birthdate.2- Gave the tenant a standard receipt when he gave me the security deposit (my name as recipient, amount of security deposit which can not be more than one month's rent, date received, address (aka description) of rental property)3- Once the security deposit was deposited, I took the W9, copy of the lease and the tenant's birthdate into TD Bank along with my ID.

My regular contractor , whom I know and trust, has been overwhelmed and unable to do the work.

basically the steps would be1. drive to find a potentially qualified house.2. find out who lives there and what their mailing address is.3. put them into your mailing campaign to start sending them lettersim mainly looking to outsource #2 and #3 and curious as to how you guys do it.  

But people dont trust one another because the P&L's are unverified because its all cash and the taxes are sketchy.