I tend to agree that sometimes negativity is more motivational than positive responses.

Most wholesale buyers tend to shy away from properties that are on the MLS anyway.

All the suggestions for finding motivated sellers in the classes I've taken tend to revolve around direct mail and getting lists from county records, but I keep hitting the road block that my county simply do not provide such lists.

You can get great steady numbers in smaller rural markets if you know what you are doing...or some of the cities...drugs and crime are sadly everywhere these days...but the midwest and north (outside of slum cities) tend to have people with better values.

From many other posts it tends to be a popular vision here on Bigger Pockets.Dustin Strekow

@Luke Liu Any fee you pay, any items related to the house and some travel for the purposes of tending to the house are expenses. $250,000 is eligible for tax exemption from capital gains when you sell your primary residence. http://www.irs.gov/publications/p523/ar02.htmlRemember that positive income is a good thing :) If you make money on the rent, make sure you hold some of it back for tax time.

People are nuts!

I personally don't think personal real estate is the very best thing to invest in - but it is what modestly aware people tend to choose.

But, they don't tend to stick around all that long... that's my experience, anyway.

Smaller banks and credit unions tend to have a little more flexibility with their terms and rates.