I decided that I want to use this method as it doesn't take me away from my family to "pound pavement" (which in my neck of the woods could get you shot) and is not going to cost me money like direct mail marketing does.

I've gone to multiple auctions (Philadelphia Sheriff's Sale), inquired of vacant/distressed properties directly with the owners, worked with random realtors after expressing interest via real estate websites (e.g.

@Brian Ploszay The building my unit is in has 4 units in it side beside with direct access to the street so I don't see that as being an issue.

I need a solution for managing real estate leads for my direct mail campaigns in a database.

As security deposits are the tenants money, it is not necessarily a perfect solution to ask the seller to cover these amounts, but it also creates great risk on my end if there are no security deposits in place. 

I offered them different solutions apart from my offer which is part of helping but I also realize it will cost me the deal.

We had originally thought that Bob could lien the property for the construction costs, but, the profit will be directly related to what they end up selling the property for, which is usually an unknown until the final hour.  

If I can find a solution to solve them both, it could be a win-win. 

A tax lien state you are bidding on properties knowing that the large majority of properties will get redeemed and you will get a small percentage of properties.Most wholesalers buy lists of addresses and send out a mass mailing trying to connect directly with a motivated seller before their property goes to a public auction or gets on MLS.

I'm hoping City Water/Sewer, and potentially not direct billed to make it direct billed to get some more value add.Long story short, I know I'll need someone onsite, so I was wondering if anyone has had experience with a PM that has helped them do that, or experience doing this in general to guide me through it.