It is very different than an OC college town. 

@Corey Keller I think estimating rehab as a cost per square foot is useful in determining if you should investigate further (just like the 70% rule and similar rules)  Once you see the inside you should be able to come up with a more itemized list that better estimates costs than an average from someone else.

I know there are several posts talking about the 50% rule, but I have not seen one with a completely exhaustive list of every expense that could be considered, and to which collumn it would fall in.And to some of the more seasoned investors, how closely do you follow this rule?

Anthony, you just posted your desire of finding knowledge in wholesaling at the top of a forum that is, in my opinion, the most exhaustive, informative, and relevant resource on wholesaling that exists in the market today.

I got a really complicated question answered in less than an hour a few days ago.

Put exhaust fan on 2nd floor bathroom. 8.

The price of $10K sounds more like an end user price than an investor price to me.  

What compels the note holder to pay me other than an expensive lawsuit?

., to somewhat answer your question, I think that you are better off foreclosing on the property because it is worth much more to you than an investor that comes in.

I ended up getting the listing as an agent, but only after I exhausted all possibilities of a cash sale to one of my best investors/partners.