My 2 cents is that I would want to disclose everything- to the point of risking the deal- because I value my license over any one deal.I have read some people actually disclose in writing to the seller that the seller "likely" would get more for the property on the open market, but have chosen to sell at the agreed price.I am personally a bit confused over the duty of confidentiality.

In the end I can only guess and a bit gamble on expenses that eat the rents away  AND then buy accordingly.

I rather be in control over my money than having someone else gamble with it.

Education and financial literacy are very important, but we all take a gamble when we buy our first property.

You are flipping houses , putting your money at risk and gambling , its fun and can be profitable .

@Mason BudnickiHi Mason,I made a wholesale workbook for my son that I be happy to share with you.Let me know if you’d like a copy and I’ll send it your way.Best of luck and congratulations for your interest in real estate at the age you have chosen to start.

If I'd had more time I'd have chosen a shorter and more anonymous name.  

I've chosen to only use property management since the $100-180/month saved isn't worth my time.I only do multi families properties since cash flowing on SFH's without rehabbing or self-managing is tough.The strong W2 income really helps keep the financing easy and down payments easier/quicker to come by, so I intend to continue to work and target properties than cash flow with property management. 

It's non longer a 'gamble'.

Investments are nothing more then legal gambling how much are you willing to risk before you get out of that investment how much are you trying to gain.