really depends on who your dealing with .. if they are the litigious type or notmy case the victim was a hold over on a house I bought at court house steps.. 

What would you say is the first step to taking action to start wholesaling?

@Swaroop Chowdary devineni   First step is to speak with a lender, find out your current situation. 

Any thoughts on next step? 

I’m in central Texas and I need to know all the paperwork and steps I need to take to protect me and the property owner who is my father.

A good step is to start calling banks and credit unions, and find out what they offer for owner-occupied small multifamily.You may find that it works better to rent in your area and invest in a less competitive place. that's a whole 'nother ballgame.Good luck!

Step 1. 

I will walk you through step by step .

hi Jasmine, are your auctions all online or court house steps?

You are taking a great first step, the learning step.