I think Russ nailed it.

(sarcasm) :)We have 5 (FIVE)...........yes five.The key difference is NOT the cats but the owners who take care of them.Many owners do not properly care for their animals.Our cats have always been indoor cats. 2 were strays but were kittens when found.All our cats are domesticated an dhave been tested and cleared.They are spayed and neutered.They never go outside except for our porch on the balcony upstairs for a few minutes then they want to go back in.Having animals is expensive to take care of properly.You have to make sure they have regular vet visits to keep them healthy.Every 3 weeks we clip their nails,clean their ears,and comb them.We brush their teeth a few times a week and bath them occasionally.The only reason a cat will go outside of the litter box is if:1.they cannot access it2.The owners don't clean it enough (how would you like standing in crap to go to the bathroom).3.The owners have too few litter boxes for the number of cats4.The owners let sick cats or outside cats mingle with their inside ones which can lead to many diseases including feline leukemia.I would say in fairness to landlords as pet owners who own our house we are probably in the top 30% of pet owners as far as caring for them.The cats if you clip them every 3 weeks will not do damage to the carpets as the claws will not be sharp enough.Also if you have scratch pads they can that will help immensely.Pets cared for properly have shown to reduce stress,prevent strokes,and lower blood pressure for better heart health.As a landlord you would have to consider many pet owners would fall into the negligence category sadly.For this you have to take on bigger deposits to mitigate the risk.

I like Section 8 tenats, and they have done well by me (don't get me wrong, I have had some bad apples) but I really have nailed down how to screen them and I have become half animal as well, meaning they know not to break the rules, as I don't play by the typical landlord rules.

James Park hit it right on the nail.

How close is Wholesaler A to getting all the signatures and the price nailed down?

I think Bill nailed it.

Have EVERYTHING IN WRITING, down to the color of the nails!

As a very experienced (30 years in construction as a hammer and nail guy as too which I also have 26 years of combined project management and ownership in various construction service businesses and have done work at THOUSANDS of properties) I am often shocked what inexperienced REI's think a projects cost is "A" but it really is "Z" because they really do not know what it takes to get from where a property is to where they want it be.

@David Jackson can probably nail this for you from the title/estate angle.Usually the father's interest, 1/3 interest will then go to his heirs, if there were 12, 1/3 is divided equally among the 12.As folks pass on, you can have a real title nightmare after those 12 or so get married and divorce or pass on .....just gets messy.

Or if you were hanging a picture and needed to hammer in a nail, and I handed you a 10 pound sledge you'd wonder if I was being funny (right tool, not the best purpose for that size of tool).If you are a high net worth individual looking at buying rentals, the returns might be great but the risk to your other assets by buying a rental is an issue.