If you can grab one when the price gets dropped, you have a better chance.

If they still complain I tell them that we know that our company is going to close on the deal, but that in the past seller's have been dishonest and we are not taking the chance of getting several thousand dollars tied up in escrow.

I would ask him to call a cleaner and get it cleaned now if he wants any chance of someone else wanting the apartment.

As your portfolio grows, your risk will diminish because the chance of an anomaly (like a 100% vacancy rate) affecting you greatly decreases.

What would you suggest to newbies that go out to wholesale but do not know how much to estimate for repairs?

Is there any chance that the conference call can be rescheduled.

I usually put an out clause that goes like this: " Contract contigent upon buyer's contractor verifying estimate for rehab costs."

You don't get any chance to look at the inside of the property or do any inspections.

Assuming you bought at a 1.5% rent to purchase price, your gross annual income would be 204,000 with an estimated 102,000 in NOI.

She knows I'm green, and I don't want to ruin my chance to be known as reliable.