I have started an LLC and my focus is all forms of real estate investment (flips, wholesaling, rehab and hold and/or rehab and retail).

There is a massive imbalance between the supply and demand of housing in North Dakota because of the oil boom.

If a seller states she is motivated but is asking high retail...she is not motivated so you would not know where to begin your negotiations on price and terms.

There's also the issue of being able to sell a non conforming property.  2/1 is deemed functionally obsolete by todays standards and isn't particularly easy to sell on the retail market.  

(seems to have the same estimates) the site gives you prices bought for cash bought properties and prices for retail.

I've already had a Realtor work out a retail value for this property, which we calculated to be $230K-$240K, once renovated.

Personally I am looking to get rehab experience in CA so I can get experience turning distressed properties into retail worthy properties without adding the learning overhead of rehabbing virtually.

@Taylor Massive I think that the high pay draws a lot of incompetent people into the business.

My customers (retail buyers) expect this so I need you as a wholesaler to make sure it is accounted for.

Negotiating hall bathrooms cooling is trick, electric base for heat is easy to do to but negotiating cooling there can be a bit tricky but there are split zone ductless units that can handle this situation.Googling 'in wall HVAC' or 'in wall hotel style ac' will get you plenty of retail places that will match the supply house price a non tradesman will get.