They are relying on your contract, making plans for their next home, giving notice a jobs, dis enrolling kids from school, etc., etc.  

The trouble with relying on an agent to run your comps is the fact that an agent is looking to work with a client who will work with them on a purchase or sale.

Even appraisers get in their car vs. just relying on the MLS or any other data source.

Go for broke is sexy on TV and movies, it's not ideal when you have four kids, and a partner who is starting up her own business at the same time, relying on you. 2 - Knowledge.

I also just put an offer in on another one with a similar Out Of Area story...There are obviously many people who make money at long distance investing but its almost always the seasoned investors with an established network that they can rely on and its rarely their only property.

Additionally, relying on the Owner to pay the underlying is risky.  

I may be reading this wrong, but it seems like you are relying on apprecition and equity accrued.

To be a successful wholesaler, you need to build your own buyer's list.You should not rely on others to bring the buyer to the table.You do not owe the person a fee for future wholesale deals.

Even if I did fly in, and spend some time in the area, I would never know it like a local, and I would need to rely on someone local to know which are the best sub-pockets to buy in.I'm interested in the $800K range.thanks,Ron

Each department relies on the other, so they all have to work together to make the whole sale a good one.