If they know they are not receiving their deposit back, what incentive do they have to not damage your place on their way out.

The biggest issue with people on this forum who talk about wholesaling is that they focus all of their attention on finding sellers, and mention almost nothing about building a list of buyers.

For MFR, use a conservative vacancy rate and make sure you're ok floating it at that price as well.And my biggest piece of advice is, if your gut tells you something is wrong or you don't feel comfortable (for whatever reason), listen to it.

If she doesn't think she's getting her deposit back, then she has very little incentive to take care of the property on her way out...trust me, damages can exceed deposits very easily.I can say from experience, that it would be best to give her the benefit of the doubt, allow her to terminate her lease (issue the deposit after the walkthrough inspection minus expenses), and get another tenant.

Since my partner and I have full time jobs (and manage our growing rental portfolio) time was our biggest constraint (and money).

That way, both have a strong incentive, even though they are not on the note.

I Echo Joe Fairless's sentiments, we have a small window to take part in the biggest property grab in our lifetime.

The biggest issue is the vast majority of them are either vacant, very underwater, have extra liens on them, etc.

And if it isn't listed then there aren't any commissions to pay which is the sellers biggest cost in a traditional sale.

The biggest thing to look for on a duplex is to see if the utilities are seperate.