I am building more private lenders right now so that I can buy like a mad man in the next year or two when it plateaus or dips a bit.BTW I just wholesaled a house on Crockett St in a pretty rough area.

Brokers say unless you prequal everyone it's profiling and they don't want to take the chance they might make someone mad and they will go to another Brokerage.

_______________Knowing many have wholesaled deals with the seller finding out about their profit from the Hud-1 settlement forum and going crazy mad over it, wouldn't it just be easier to be straight forward with the seller and let them know what you can do to help them, how I will get paid from it and have the seller sign the "assignment agreement addendum" I will have with the end buyer as proof that there ok with it.? 

But MLS is a mad-house and you may not be able to get a good cash flowing property that way at this time.But first, figure out your financial situation.  

The cost of building and the cost of land are the drivers of new build prices.

Not only is he accumulating properties like mad but now he is adding flips as well. 

Schools are a big driver of home values.Also, the hedge funds are slowing down some, they were probably keeping the prices propped up in areas that are mostly rental.

Tenants are always mad about how much of their SD they get back and are much more likely to file a claim with the commission.

Start as you are thinking save like mad as much as you can for when you can move in, Granny just gave you $200K.

When they leave the store they are supposed to take them in order from time.What happens in the real world is the tippers who tip 4 to 5 bucks get it first in 20 minutes as the driver wants them to keep ordering.The driver delivers to the person who tips 1 to 2 bucks last because they are cheap and the driver hopes with a luke warm pizza they won't order as much or go away all together.I know this because I was int he restaurant business for over 10 years.If you are cheap or try strategies that burn bridges it will catch up to you and cost you way more in the long run.If you are doing a one off deal where you buy and house to live in for 5 to 10 years then it is not as much to worry about.If you are buying properties in an area as an investor you want to develop a good rep.You will drive a great price when you buy but there is a nice way to do it and another way that will get you remembered in a bad way for a long time.Hope it helps from years of experience in the business.