If you're looking to do a flip, then you're more exposed to being hurt by a market drop so it really depends what strategy you're going for.I live in a very hot market where condos & townhouses typically close in 7 days or less (not uncommon for it to sell before open house) and usually over asking price.

I know FHA has a much lower downpayment than a typical loan but that comes with some guidelines. 

Although these things typically have a longer life then your typical leaky faucets or garbage disposal etc.

They typically just list the property to Costar and see what inquiries they get. 

Hi Devon,You don't need "traditional employment," you need income that can be verified - typically by tax returns - and that jives well with the payments on the debt that you currently have and on the amount of debt you are trying to take on.Rental income 'counts.'

Typically gym & pool is extra fee with several parks for kids.

Typically to buy and hold.

It's where most of the experienced investors are plying their trade:  they know they can double their property values by adding some value and/or waiting on price increases, which may double values againLocal agents are typically idiots (nicest way I can put that). 

@Jay Hinrichs, I typically do what @Michael M. does and pay them in full right before the due date.

You may also have to call them constantly because good wholesalers will have their go-to investors typically.