To simplify how you view the value of the time involved, try to quantify the number of hours/month spent dealing with misc. tasks, then multiply that times a reasonable hourly fee.

Can someone please explain in simplified terms all the steps and costs associated with getting access to the MLS?

What follows is a simplified version that has been translated through my limited vocabulary and math skills.

I will cut them out of the equation by reaching sellers before they do as much as possible to simplify my life and not deal with their narrow minded view of real estate.  

So let's simplify my situation.

All of them are seller financed by the same previous owner, and if we can get a single lender to refinance with, that will greatly simplify everything.

I don't know about Andover, MN though.This is a simplified explanation, a more experienced member will no doubt be able to expand upon it.Andrew

:here's a queston I have most people are probably wondering:Is this person's purchase cost basis the price she bought as a homeowner or the cost when they began to rent it out.As we all know, the values have been dropping so to consider the cost basis at the time of renting sounds absurd to me.The cost basis for rental depreciation can be different from the actual cost basis for the property at sale; the latter is basically "all" money that the owner put into the property (that is over-simplifying things).

Great simplified breakdown on the steps involved in doing wholesale deals.

To answer your initial question in a simplified manner, yes.