The key is to find under utilized and poorly managed properties and manage them correctly to optimize cash flow and property values.

Joy,A key to real estate investing is to find out as quickly as possible what they NEED you to do, not what they WANT you to do.

Protecting yourself is #1 key and inexperience require you to have professional team members to keep you out of large holes.

Purchase 2 to 3 turn-key single family houses for cash in the Indianapolis Market.

That's the key to being successful in obtaining financing.Mike

No...there are labor costs in the tearoff (most physically demanding part of the job) and the upfront costs of the ordered shingles that are delivered on-site at your property in addition to dumpster rental that is charged at a higher rate because the weight of shingles only allow 1/2 a dumpster to be filled and the costs of laying down the tar paper immediately after the tearoff is complete as you can not just leave sheathing exposed to the elements while you wait for the next check.With 1/3 upfront, the truth is the contractor is out of pocket by day 2.

I personally don't tell the seller I'm a wholesaler, but some people do.If the property is vacant, which probably over half of the time it is, then I just try to get keys.

DOES ANYONE HAVE ANY SUGGESTIONS FOR THE BUYER CONTRACT AND THE SELLER CONTRACT (as in, what would some strong key points be for the two).

The key to being a successful bird dog is:1.Finding great deals and2.Find the right investor that can do those dealsWithout both you're not going to succeed.

Also, pick up Master Key To Riches by Napolean Hill, this is by far my most favorite book.