(And incidentally, how likely is it that the investor/owners would sell to cash in the equity in a rising market versus holding for the continued cash flow?)

Here are the numbers:ARV $185,000Repairs $11,000Purchase Price $70,000This house is in probate and has not been on the MLS.Does anyone have suggestions how to circumvent any issues that may arise with appraisals or lenders trying to nix the deal?

It's what all the title co.s are used to, and you don't run into issues with "one sided, slanted" contract issues should a dispute arise.

To start, I intend to wholesale for immediate income, partner on deals when the opportunity arises, and eventually be in a position to invest individually.Unfortunately, I have very little disposable income and a bankruptcy just under a year ago.

And be in a rising FORECAST ABLE real estate residential market.

Making sure you put down a decent downpayment and having some cash reserves to handle any issues that WILL arise.

You need to think further down the road as to the possibilities that can arise other than just tenant law and the eviction process. :)

I assume you're a rising Junior with at least 2 years left at school in SC?

When situation arises, I got called in and heard neighbor's complain.

I'm with Michael.As to Dee's question... in a rising market, owning real estate makes you money (on paper at least).