But I would never write a check for a property that didn’t prove to be profitable with multiple exit strategies available to me, which would minimize risk.Like Richard quoted above: Make a distinction between being interested and being committed.

How can I minimize my risk?

In my opinion scandals would be minimized if it were not for companies like the company suing me and strong arming me out of helping the public understand exactly what type of business they represent.

It's a 2/1.5 with a bonus room (standard block florida home)curently listed at $35k and needs minimal work (maybe $3k if that). taxes will run about $700 and insurance around $400`(not in a flood zone). zillow estimates the homes in the area to be about 78-80k.rent for a 2/1.5 demands anywhere from 750-800 in the area.does this look worthy of going after?

the mouse arrow disappears in the dark blue spaces,,both sides of page.

It's simply about minimizing your exposure, IMHO.

Wholesaling requires minimal cash, mostly money for advertising or mailing.

And what provisiion can be implemented to catch,repair and minimize small water drips and gushes.

At at $25,000 purchase price, minimally you want $250 in rents - which you obviously have.

Why not start with you real estate attorney friend.You can do sub2's with minimal money. anther guy here Mike C has wrote some great post on how he does exactly, and I believe there is a good article on here somewhere that I thought was great...