Being a landlord is no basket of roses, high stress, high risk, late night calls, late rent payments, sleepless nights, tenant evictions, court appearances, tenant damage etc, etc, 

Got a 4dbr, got 4 ladies as a roommates and been married to one of them for 20 years.4.

Wholesalers only take advantage of poor old ladies who don't know any better, right?

For comfort level I've always used what I call "The lady-friend Test"  - Would I send my wife/girlfriend/etc. to go pick up rent at night in this specific area?  

Let's say that you buy a little old lady's house for $100K when you know it's worth $200K and you immediately wholesale it to your friend for $150K. 

They are all paying about the same rent, so I am assuming that the landlord didn't want to bump up the old lady's rent and didn't want disparity between renters so they kept it low. 

@Diane Trotter @Julie Macd  @Charlotte Moore Thank you ladies, I have 1 more question (might sound dumb).

So tell me how do you deal with the " hoarder " house that is owned by the deceased lady whose daughter lives in Florida and cannot afford to " deal" with her mothers home? 

@Iverem Rose Thank you for that advice.

ok so, this lady is asking 90, but the house is been on the market for 3 months in a very hot market, but this micro market is not so great bc of the location as being perceived as the ghetto.