(Especially if you plan to resell in a fee years after your acquisition).  

Or are you looking to create a job for yourself finding, closing, renovating and reselling properties?

I would think investors would buy and then resell later

Currently looking for buy and hold rental properties as well as properties we can add value to and resell on land contract.

There are probably many more expenses than meet the eye.It is going to be expensive to fill this park since the easiest and best way is to buy homes(hopefully at a huge discount) that need moved elsewhere and move them to your park and resell them to good tenants.'

The account manager digs into each loan file and decides how best to turn the paper into cash - either obtaining ownership of the house through foreclosure and then selling the house or by re-selling the note.

Another possible problem is the we are 20 mins from the Canadian border so a lot of Canadians invest in the area, driving up prices.The realtor who showed me the house thinks we could resell it for $150K to $175K and thinks we should bid full price.

As a wholesaler, you have to convince someone to sell you a house for less that its worth so you can mark it up and resell it.

If you are flipping who are you flipping too - home owners (I do this and it works - but we still have to usually do a bit of fix up) or to investors (who buy repeatedly)  You only need 2 or 3 investor buyers to flip to.Or are you going to go to a larger city - KC or St Louis to wholesale.I am looking at flipping at the Lake of the Ozarks, but I think we would renovate to resell and while we are waiting to resell put it on the vacation rental sites and rent it out for cash flow until it sells.Plus you are in a college town, and with college rentals, you can get way more in rent if you rent to several students.

I close myself using Cash from my new 'mortgage company', but immediately resell the loan to one of these companies.