Real estate is very broad so unless you narrow it down you can find yourself wasting a lot of time and effort only to find yourself scattered all over.

Thanks - yes earnest money was my understanding - I just couldn't understand the strategy of getting scatter gunning to get so many under contract, even if the earnest is $1500 and you keep 20, still 15k down the drain.

There still are small (< 50 units) '60s vintage properties scattered around that have room with value add but it's a hot market.Portland has higher caps in the suburbs but smaller institutions are there too.

I would just assume have a few larger properties to maintain rather than 70 SF units scattered around multiple cities/states.

Cali has some cheap *** stuff scattered all over.

Then shine a light under the fridge and stove to see if any roaches scatter. 

Currently, the immediate area is very low-income with very few and very scattered middle-income very-early adopters.  

Would you rather have 12 homes scattered throughout a city, or 12 units in one location?  

I have 10,000 in medical bills that are scattered to collection agencies...

Also, there is a guide on wholesaling on BP under the education tab, along with various materials scattered around the internet.