Sure, in it's most basics terms: You market to/attract someone who has a house but life changes has put them in a "don't wanter" situation - they need to or want to sell but don't want to put their house on the MLS for a variety of reasons I have a list of 26 different sources for these leads that are true if the property is in CA Socal, TX, OH< NY, IL, GA - it doesn't matter where because there are a large number of people who fit into this category in every cityWhen you get a conversation going with them, you ask them why they are selling and a series of other questions to qualify them for Subject To or other Creative FinancingYou have to tell them what happens, the risks and be honest with them.

Most of the cases have been resolved by consent decrees providing a variety of types of relief, including: retrofitting to bring inaccessible features into compliance where feasible and where it is not -- alternatives (monetary funds or other construction requirements) that will provide for making other housing units accessible; training on the accessibility requirements for those involved in the construction process; a mandate that all new housing projects comply with the accessibility requirements, and monetary relief for those injured by the violations.

From its affordability and potential returns to the variety of amenities and attractions, Houston is an ideal location for a return on a $1m STVR investment.

The biggest hurdle for me is without the ability to see what is the condition inside the property.AllanIt's quite common to have properties not approved for bidding for a variety of reasons and even postponed.

Replacing the STRs with hotels can't/won't happen for a variety of reasons and since the locals depend on the visitors for their livelihoods, it wouldn't even be brought up at town hall meetings and I'm sure the thought would not be tolerated anyway.Your bigger concern should be your competition in running a clean, smooth, appealing, and enjoyable "experience".

It's a pretty awesome strategy that I've enjoyed using a lot for a variety of reasons, but flexible leasing is incredible.

I have a pretty big dislike for wholesalers in general for a wide variety of reasons, if you need a loophole in order to operate your business, then you probably shouldn't be in business in the first place. 

On the upswing the smaller units will have more room to appreciate and will appeal to a wider variety of potential sellers if/when you offload. 

This will give you an idea of the variety of asset classes and strategies, so you can start to come up with your own method of doing due diligence.

@Aaron Singer, The wonderful thing about Bigger Pockets is that someone can ask a question and receive a wide variety of well-thought out answers from knowledgeable people with differing experience levels, skill sets, backgrounds and success strategies.