I'm not a wholesaler, but I've had good luck with a few ifttt recipes for stuff like 'motivated sellers' 'owner will carry' 'investor' 'handyman special'.

It's a heavy weight, but someone must carry it :(

I invest 0% in gold.

The carrying costs That Are Associated with a property holding for this long must be factored into all your all your math and equations as well.

Appraiser are not agents, though some also carry a sales license.

More often than not, the people you meet are likely to be well connected in their own right...Gold....one customer can lead you to other customers.Just like follow ups...the sale is "hidden" until the 5th to 12th contact

Would the wrap around be: he still carries the mortgage of 44k, but we add to that (for example) a 60k mortgage that I'm going to pay?

I'd figure out what all the mortgage and expenses were on such a property, and assume a max vacancy rate I'd want to be able to survive, and back out the carrying costs in that worse case scenario.

A lot of the secondary market consists of people saying "I've got $50m and will purchase the next batch of Fannie Mae loans, paying 2% more than Fannie" -- so obviously that next batch goes into that MBS pool.That's what those people do now, but back then they decided it was more profitable to purchase crappy products than gold standard traditional Fannie. 

I have operated one of my 1-bedroom units in the city as an Airbnb for the past four years and it has literally been a gold mine.