So just make sure it is properly capped to avoid that nightmare.... pretty straight-forward otherwise.

Without finding, identifying, controlling a property that meets the criteria of the buyers ( a substantial discount from market value), your buyers list is worthless.

With rates the way they are, i would explore a straight up purchase at this point - as long as the property cash flows/meets debt service, there are very attractive options out there - that could be as little as 15% down.   

Wouldn’t you rather buy stocks at a massive discount over a rental in gross Hagerstown.

If I buy 5-10 row homes is there a decent market for portfolio buys whether straight up or at auction?

I think you should negotiate a discount for the violatile market so you are buying at a higher cap rate.

From there I can look up comps online for the ARV and take a 25% discount from that minus repairs ie $200k x.75% = $150k - $25k repairs = $125k Wholesale Price (price buyer would pay)then subtract $5k - $10K for yourself  $115k - $120k is your offerThis allows me to have a solid idea when I look at the house so I just now have to do a condition inspection. 

Your skill set is not going to be the same as everybody else's - if you are up against a seasoned contractor who has an army of discount accounts and instantly available tradesmen and women and a slew of loaded investors or bank accounts behind them then you are going to be in a weaker position but luckily there are lots of deals to be had so you get to move on and let them deal with the subsidence issue that nobody spotted because they didn't do their due diligence!

Tenants have sewage coming up in their tub.. that smells like Sh*t to them but smells like a discount for you!

He's dumping his money back into the stock market right now because it's at a better "discount" than the real estate market.