I have yet to go out and attempt my first wholesale deal.

Have you attempted to get quotes from painters regarding the cost to strip and paint?

Use the property in the Summer, and attempt to est it out the remainder of the year wherever possible.Is this a condo or a SFR?

I do not want to attempt to take some of the closet for this remodel FYI. - Bringing my bathroom up to the level of the rest of the condoThis is a loft and everything else inside is exposed brick, steel beams, original hardwood floors, with a lot of original art on the walls.

I have had notices pop up in the past where it would be "3rd or 4th" attempt but not have had anything come in.  

You need to know all of your numbers on the house more than you would just a normal deal if you want to attempt it.

So, in summary, I think such rules are very dangerous if used as a tool to bypass actual thought and analysis, which so far as I can tell is the way most newbies attempt to use them.

You can waste your time hating them, but they are out there and doing the grunt work at attempting to give some people the needed push to put the houses on the market.

Landlords that attempt to justify not raising rents by the minimum amount of the cost of living out of fear of losing tenants do not understand and therefor fear making the right business decisions.

I would attempt to get title insurance on the one with the bankruptcies so as not to have to unravel later on when you attempt to sell