Analyze property trends, neighborhood demographics, and economic indicators to pinpoint potential wholesaling opportunities.

Connect with potential local and international investors, businesses, and partners.

what else would you ask the operator as a potential LP?

Lastly area of 1 mil to 2 mil homes and you bought it for 7k.. my first hunch is something is potentially really wrong with it.. normally lots in those types of areas would sell well north of 100k if your building 1 to 2 mil homes.. thats how the math generally works to back into land values.

The 3 condos are under-rented and cash flowing at about $1,800/month combined positive after all expenses today.At 75% LTV... refinancing the condos alone (assuming a value of $900k) would put the cash out potential amount at $247k.

Additionally, attending local real estate investor associations can be fruitful, as wholesalers often attend these events to connect with potential buyers.Another method is to keep an eye out for bandit signs in your local area that advertise messages like "we buy houses" or "cash for homes."

According to the IRS Office of Chief Counsel, a foreclosure on a rental property does indeed constitute a fully taxable disposition, potentially releasing previously suspended rental losses for deduction.Consider a scenario where a landlord purchases a property for $1 million, financed entirely through a mortgage.

You have to weigh the risk of potential vacancy.

I'm new to the wholesale / fix&flip / rehab strategies for buying & selling properties, and one of the main barriers to entry I run into with potential interested investors are the capital requirements to start their first project. 

I would suggest at least have a chat with some local realtors/investors to familiar yourself with the neighborhood and growth potential.