I tried to vote for your post, but my button is locked.

I use a service (Premier Properties of the Triangle) with signage, centralized showing (a must IMO), and lock box service for just a couple hundred dollars.

I have not seen a "Rule" for the minimum COC return that would be acceptable.From here, if the property looks like a "deal" then I can make an offer to lock the property up, get the inspection done and do the real due diligence.

When I find a seller, how do I lock up the the property?

The mods must have locked it.

I suppose you could take it a step further and have the TB write out two checks a month, one for rent and one for the option note.You mentioned the fact that appreciation benefits the buyer because he/she is locking in a price today.

Also if you can lock in a low fixed rate now I would recommend it.

Problem is many wholesalers lock up stuff at 80+% and call it deal.....I can find those all day long on the MLS.

,I'm not ready to fall in lock step just because Newsweek gave us a friggin rating.

If it's a short sale, I will negotiate with the asset manager on behalf of the seller in order to get a price locked in.