Build a paper projection - After you've filtered the properties, buy one (on paper).  

hi all, I was wondering if anyone would share how they structure daily tasks in wholesaling, for example do you guys wake up, check for potential deals, at 12 return all phones calls, at 3 p.m. daily paper work or filing, ( this is a rough example but I hope I got the question across).

Local paper ran an article a month or two ago regarding the same.  2-3 years out expect rents to level off or even drop as the market becomes saturated.

One can beat 7% easily in paper assets without the hassles of tenants and toilets.  

You can also create the Notes and then sell those for cash to give your sister the funds she needs but again, there may not be that much value in everythingPut the numbers on paper and see what makes the most economical sense for your family and go from there.  

It's not a lot of fun, but not that difficult if you just provide the paper work, and more importantly.....don't let yourself get frustrated when they keep asking for additional paper work, or the same stuff again, just the nature of the beast.

Is this a good investment property on paper?  

Put the options on paper:  refi and take penalty, raise rents with as little cap improvements as possible, or sell.  

Property needs new kitchen flooring, H/w refinishing or carpet, some minor plumbing work, updated light fixtures, new flooring in bathroom, removal of wall paper in dining room, paint, new vanity in bathroom, new countertops, and new stove.  

And do you give the papers to an attorney before or after you find a buyer?