I also have a whole bunch on good rentals that I will send you if you are interested in.

If you were looking to purchase a buy-and-hold rental in this manner, what sort of terms would you look for that would be fair to both parties involved?

They should have a list of good people who do solid work at fair prices.

I understand how short sales work, the issue is that if I negotiated the short sale myself, I'm fairly confident I would have been able to negotiate the range lower than the realtor.My question was really in regard to my options being that another party already negotiated a price, not so much how short sales work.

As I said, I'm new to the business and right there in the learning curve.So, how do you usually structure your offers to sellers in a way that its fair to them and also realistic to find a buyer for it?

They should be able to provide you with a bunch of happy campers.Then, go to the local Real Estate Investor Assn meetings, and start asking around of the attendees what they know about xyz company.

It seems a key component is selling your personal residence for 399k.From the pictures it is clear you need to declutter and take personal pictures and items out of there.When the property is staged you are sending the message that you have mentally moved out of the house.If you have a bunch of stuff there it will seem to a buyer you have it listed but are not ready to move on.Also the buyer will have a hard time envisioning themselves and their memories there and will be focused and amused by your STUFF.What are the recent SOLDS for the area?

But, I digress.I have contacted several people through Craigslist and a few kind of wrote back, but one buyer came out of the bunch with a laundry list of actual needs.

Its because they waded through thousands of prospective houses, sellers and buyers, did a bunch of much smaller deals and had a few home runs.Wholesaling is hard.

Thanks a bunch!