In addition to the above, another interesting letter essentially saying the same thing as above just more recent from a title company contains a warning that receiving a sanction from FHA may result in being rejected from delivery to Fannie Mae.  

Land also varies by market essentially being most expensive by beaches and on hillsides and least expensive the farther inland you go. 

You can do it, just get some basic essential knowledge down first!

Essentially diversity in property holdings.

Or I could do an installment sale where they essentially rent to own.

I think 10% is just an illusion of safety for you.But that is just me.If I had a deal, I rather tell the seller I am cancelling the contract than giving in to greedy people (not accusing you).A good deal is a good deal, and there are legit ways to handle risk... basically eliminating it as much as you can.By doing due diligence on the house.All such things like "skin in the game" does is create a false illusion of safety.This because, me ALSO having something to lose is not making the deal any safer.

Essentially, the company puts your property to a non-committal auction, and managers bid with the lowest commission rate they could offer and their rental projection. 

As a wholesaler, I am essentially the middle man between the seller and  investor/buyer.

Most reports can be delivered in about 4-7 days after inspection takes place and include conference calls immediately afterward to discuss immediate capital needs or any items that may arise during the inspection that would be deemed relevant to the completion of the deal going hard.Property Condition Assessment Inspection Fee TableFees are based on a per door rate as follows,Basic $375.00 per door Includes a visual inspection of foundation, exterior skin, common area, site lighting, life safety systems, roof condition (from ground), interior condition assessment of units up to 75% if accessible.

What do you recommend the best areas would be close to the city (or in it) for investment, safety, and close to going out i.e. bars, sporting events, concerts?