I'd recommend picking one and start sending letters.

You can technically avoid the issue if you pick a contractor that's incorporated.

I would draw up a purchase contract and have a title company picked out.

It's just unsecured.).Your note determines the correct payoff calculation, not a form provided to you by title.

I'm curious to know how others determine the fair market value of a property. 

From my understanding, the various phases of a wholesale deal include the following: A call is received from home owner as a result of marketing efforts Provide a range that we (wholesaler) would be willing to offerReview property and required renovations to determine selling price to market to buyers listGet contract signed by home ownerRecord contract with countyMarket property to established buyer listOnce buyer is interested complete the assignment contactReceive deposit from buyer and put in escrow with title companySet closing date with title company for double close Did I miss anything related to the process?

How do I begin to estimate the cost to rebuild to determine if this is worth considering?

Perhaps it’s easier to get a long term tenant but with airbnb I can pick and choose calendar dates which i like.Thanks for any insight.

I am looking for someone in both of my markets;  Indianapolis, IN (46218), and Detroit, MI (48208) to provide yearly determinations of fair market value.

The safest bet is to pick up something already zoned Str.