The wholesaler most likely wont have reliable answers for any of these questions.

the state is florida. i know of property that never went through probate and the old lady has been paying taxe s twenty years and wanted options for perfecting title that wont cost her as much

The complex was destroyed by a hurricane in 2004, and torn down.

Not that I "should assume" the bank wont accept a low offer I propose to the owner, but for a house that needs extensive rehab work, plus the cost of getting the liens removed from the city and contractors, there wont be much to offer on the property, it seems the bank will probably say "screw it we'll take our chances in a foreclosure auction?"

If any property rents for more that above quote numbers the odds are as soon as it gets colder and they have to pay the $200 heating bill on another cousin dies (which happens every month) you will not get the full rent amount or any rent at all.The numbers can still work well if you don't ask for top dollar rent and it will be more sustainable as the tenants will likely stay longer and you wont have risk of break in while the property is vacant.Thanks for reading.

Most any wholesale company wont turn you on to their repair person as they will most likely work for them only.I use a very creative approach to purchase my own homes with zero down.

I was using worse case scenario as them being against our personal taxes so I could compare the 2 but if holding for a year wont make a difference then there is no point considering that company.

I should probably cut that down coming from the assumption that fire could destroy the whole thing, but flood is unlikely to.

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If you are also getting financing you wont be able to get a loan without a job, and you will more than likely need 2 full years of rental income on your tax returns to be able to count it when you qualify.