So here's to our deeper diligence panning out!

Then what you should sell for-minus-what your "finder's fee is" = reasonable amount to offer current owner.It's my understanding that working from the bottom up by placing a contract on something then trying to mark it up and sell it to a flipper/buy and holder will not pan out for you, the current owner, or your prospective buyers.Check out the blog post below for a good overview of the process, but I would suggest listening to the podcast too for some really great insights on how a possible wholesaling operation might work.

You have to buy right going in for the as-is condition of the property and then if everything you do doesn't pan out as expected you are still doing good reverting back to the condition and situation you bought it in.

Owners spruce up their units and then, when they sell, the furniture, pots, pans, silverware, etc comes with the sale.

Even if this one doesn't pan out, don't stray from solid fundamentals and eventually one will pop.great jobGood luck

Curious to see how this pans out.

I've met a ton of people in CA still waiting for their Memphis/St.Louis/Detroit/Texas rentals to finally pan out.

My idea is to utilize this to find listings that were leased for 12 months, at a specific price point, and specific area, and then utilize direct mail marketing to hit them up 4-6 months before their lease ends.The idea being to hit them up right around the time their trying to decide whether to lease again or buy.Thoughts, comments, questions, critiques, or frying pan upside the head.....

That is what I have seen on the moving picture box.Seriously, I would wait for him to leave to go shoplift his next meal, pan handle, get his next fix, another bottle of wine, to go study at the law library...

If the rental numbers don't pan out you should be able to sell the house and pocket a nice profit.