The ones that fit into #2 have probably had bad experiences with wholesalers who:- Were just tire-kickers and never made offers;- Made offers but often backed out of deals;- Tried to get the seller to lower the price after a contract was executed;- Made closings difficult with needing to double-close or some other non-standard transaction.I recognize there are some very good, very ethical and very successful wholesalers out there, but they are a very small minority of the total group of people who call themselves wholesalers.

I understand the property classes, but it seems like everyone has different grading standards.

Proof enough was in the escrow I was holding.I get the gist from all the talk out there on the web that the POF is standard practice.Maybe this is a local thing?

They ran for 12 years & still worked fine when we sold it.Meanwhile we have been through a lot of high end stuff in our homes & the poor quality is frustrating.

Spokane seems to be a strong market, so you might face less vacancy and higher quality tenants, depending on the location.

.- Reponses via email or phone from the realtors at LS is not of top notch quality.

You would need a standard business loan under the LLC.

As long as it cash flows to your standards, that is.

i have 17 years left on the loan so i had a lot of principal paydown each month. i run slightly into my pocket to pay the repairs/maintenance each month.the kicker was the new house we bought, our quality of life went thru the roof...less commute, triple the space, new home. and an exact house 5 doors down appaised $20k more than our purchase price 6 months later.

That increases costs versus standard demolition.