Virtual wholesaling can be difficult.

So, two questions arise; 1 - can this strategy work in a NORMAL period of economic activity, and 2 - can this strategy work in a difficult economic period?   

Hi Everyone,So, I live in a location (Rockville, MD) mostly consisting of high-priced properties and find it difficult to consider SFHs for buy-and-hold purposes. 

It became difficult, if not impossible, to repeat the process without severely damaging your profits.The Rise of BRR"R"RR 2.0In this new environment, I modified my BRRRR stategey to what I call BRR"R"RR—where the additional "R" stands for "Rate Drop."

.- NOTE: FB Marketplace is difficult due to their strict policies (they really do NOT want PMCs advertising there)How are webviews, inquiries, emails and calls tracked, if at all?

- How difficult is it to comply with the city’s regulations?

Mississippi is a non disclosure state, so the online tools like zillow and realtor.com have a difficult time with valuing it. 

“The rents increasing, high unemployment during Covid [and] the reliance on the rental assistance have all kind of culminated in what can be a difficult situation for some of our residents,” said Courtney LeVinus, president of the Arizona Multihousing Association, a landlord trade group.Still, Torres estimated that a third of property managers in Dreamy Draw had abandoned lenient policies this year that allowed tenants to sign promissory notes, giving them more time to pay off owed rent.

Self-managing from a distance is extremely difficult.  

A foreclosure takes 7 years to go away too.I have a contact that specializes in mid term rentals so feel free to connect offline if you need that expertise. short term rentals option may work too.good luck and wish you all the best on getting a decent outcome for such a difficult situation.