That or maybe refinance, interest rates are extremely low.

It seems like a simple enough investment vehicle with the potential for some great returns with relative low risk and not an extremely high learning curve.Is there anyone on here who has experience with this kind of r/e investing?

Hi @Mitch Messer, The tips were extremely helpful.

I get several calls a month from "wholesalers" claiming to have deals that are way over priced...While I think being determined and persistent will help you, don't quit your day job to do this.I think wholesaling can be extra income but finding the deals to do it full time is going to be extremely hard now a days...just my opinion... 

The process of dealing with the government was also extremely slow. our potential tenant was going from a county to city limits voucher, and it took 2 weeks longer than the 4 weeks HUD proclaims it would... communication with the gov can be difficult as well.

Hey @Roni Elias, thanks for the article, it's extremely helpful.

What do you suggest as an alternative -- cold calling? 

Depending on the state, you may be setting yourself up for trouble if you are cold calling people in or going into foreclosure, depending on what the purpose of your call is.

We are extremely frustrated with the length that it has taken us to get certain approvals. 

This typically means we will ALSO start to see the gap widen in terms of how long it takes refinances to close, in the extreme 3-4 months would not shock me.