There were no comps available for this place, a building that sat, unoccupied for over ten years and which no doubt had serious deferred maintenance issues.I passed.

So, unless his situation changes drastically it's doubtful it'll be much of an opportunity.Keep it on your list though, you never know.Frank

Without a doubt many newbies do not have what it takes to wholesale property, however, there are people who are making a go of it.

Thought many of you would get a kick out of this:http://www.orlandosentinel.com/news/local/lake/os-mount-dora-doctor-tells-patients-go-aw20100401,0,658649.storyPersonally, while I don't agree with his specific philosophy (you could have voted for Obama and have been against the specific health care bill, which seems to be the more important point), I respect him for taking a risk with his livelihood to stand up for his beliefs.Then again, it may have been a strategic move, as with all the press coverage he is no-doubt getting locally, he'll probably drum up a lot of business!

And when I say rare hairballs, I mean that they most often went to the kitchen tile or cement basement floor to toss up the vast majority, occasionally its a miss and ends up on the carpet.

There's no doubt that call answered most any of his questions or concerns.

Knowing what I know now, I'm confident I could have accomplished my goals with better deals, but still, I have no plans to sell these.Future purchases will cash flow better no doubt, they will be bought 100% as investment properties with no other purpose.

I doubt you are going to "force" the banks o do anything but, I am certain there is some money to be made in dealing with NPN's it is just not our thing.

I am however starting to doubt if there is any value in using an agent.

I was lucky enough not to have a problem but I had some plumbing issues on my last property and the closer we followed the problems to the foundation the more I could picture the jack hammers and checks coming out to get at the pipes cemented in.I will be watching out for this in the future.