I'm curious to know what are some of the follow up methods that everyone on here uses.

By no means, is it the total method.

Basically, the whole house is peeling, and the lead paint needs to be remediated inside and out.I imagine a scraping/light power washing method to get the loose stuff off the exterior and then repaint to encapsulate the paint is the best method.

The method followed depends on the contents of the mortgage contract.

Keep us updated on your journey!

And by using a comparable sales method. its estimated to be worth approx. 34,000.

Ive heard from several people doing RE investing (using various methods) say that you need to be selling the property before you even get the deal from the seller.

I've used flex options, but I didn't like them because if the end buyer is using financing to buy the property the amount of cash he has may be limited which limits how much you can charge him to assign the flex to him.Drawing up a PSA between you and the wholesaler doen't work if the wholesaler is doing an assignment and not a double close so I didn't find that method helpful.

But I think I just discovered a low cost and more optimal method.

Many methods for building a list of buyers, collected for your convenience, is right here:http://www.biggerpockets.com/forums/93/topics/54108-buyer-s-list-how-to-