Buy or inherit and hold all their lives while working the properties for income.I've seen teachers, firemen, software engineers and all sorts of people utilize both strategies successfully.

That typically is investors.

Here are some typical ones:1. subject to my partners approval (your pet rat can be your partner)2. 120 inspection (we have world class inspectors...and they stay booked)3. subject to a 60 year mortgage at -0- interest If these aren't enough you can go to the "wholesaling" forums and find plenty of advice from frauds and scammers. 

Six figures" typically means a paycheck over $100,000 a year.

Once you have attracted one you would typically have a business plan and agreement already set with the PML before going to and auction.  

All rent for $900 per month and they cover all utilities.

In looking back at this, we should have anticipated the plumbing problems because the house was vacant for two years and we were not able to turn on utilities until after we owned the house.  

I assume she typically charges 5% to sell.I wonder if its ok to ask her to count the buy side 3%towards her sell side commission.

We could examine crime maps and cost per square foot heat maps against typical rent if you would like to become more familiar with this market.Best investing,Donn  

That typically is investors.