There are many other facets to it.I got into it because it was a passion of mine to do so and I finally found a way to pull the trigger.Flexability, freedom, no limit to how much you can make, no boss telling you what to do, active+passive options, and so much more is what attracts me and lots of others to this.In fact, if you like at many financial studies, the largest portion of the rich got there through RE investments, more so than inheritance, stocks, hard work, high paying jobs, etc.

If they require it to be listed, doesn't mean it has to be placed on MLS unless they require which therefore provides you with "non-mls" listed property and more attractive if you plan on flipping it. :)

In the rare case the numbers look remotely attractive for a rental it does take a different approach to sell.Rehabbers (okay, good ones) can walk a house and in 30 minutes tell you yes or no.

What other criteria does a wholesale deal have to meet to be attractive to a buy and hold investor?

I'm having a problem what do I write in the ad on craiglist to attract cash buyers if u don't have any properties.

For some reason, its just a job that attracts the dodos.

A PM has just approached me, they’ll just take 8% off of my monthly rent, a one time setup fee of $350 (filling my vacant property with screening is included) and an additional $18 per month for the guarantee eviction in 21 days which it attracts me the most (just practically had to begged my previous tenant to moved out in order to avoided eviction; one month rent free with his security deposit refunded in full plus some cleaning fees out of my own pocket, knowing he could have had stayed at my place up to 5 months free or even longer if he knows the game).

You can build a lead generating site like I have in my sig to attract buyers.9.Property managers.

My exit strategy for this one would be to take it over with the very attractive interest rate, inform the Dreadlock hippy Heloc guys that I'm buying the house with 'some owner financing' put a few bucks into it to make it 'visibly' attractive to a home buyer that wants a 'fixer upper' and collect my money put into it from the L/O and set it up to cash me out with a refinance within 12 months.

As a CPA and a broker in AZ & CA and seasoned investor, flipper, etc. for the last 20 years in these states and others my personal opinion is that while the entry price point can seem attractive, I agree with many others on this thread...