Property radar on the west coast already does this and any TRUE court house step bidder their title company will do all this for free.In Vegas for instance the sales are in the parking lot of a title company daily and they hand out the exact same type of info.. go no go caution etc.. based on their title searchs.. plus they have reps walking around helping U.In other markets were title is pulled by abstractors think most of north east from SC north..

If he chooses to renew his lease after it's over, put clauses in there that the tenant is responsible for an $xxx of repairs before you would step in for the big repairs as the owner of the building. -- Check to make sure this is legal in your area, it was in mine but I have heard it wasn't in some states etc. 

A very good friend brought a realtor who specializes in this type of project, her buyer had been working on this for several years and fell through and so we were able to step in after most of the water rights were secured.

I would continue to educate yourself (this is the most important step at any age) by listening to the podcasts, reading the BP forums, books, etc.

...She was inside the bank lol ...omg* He did use my Assignment Agreement when it came down to handing me a cashiers check (first step when he arrived), but really it could have been a misc. 

You may also repeat these steps 2 or 3 times - but no more than 3!

I bought a foreclosure at the courthouse steps for $77,000, put $50,000 into rehab and it appraised at $190,000 when finished.

sorry Derek for the late replyI'm need a 1 2 3 step in lining  up my wholesale operation and a guide to follow.

Just want to get some feedback on what steps to take.

As with 1031's they offer pros and cons. i agree with @Alina Trigub the first step is to define your main goal - asset protection, growth, tax shelter, all the above.