These have proved to be essentially worthless - poorly designed code that does not organize or filter results correctly, and in many cases they have been scammed by the realtors and brokers listed because the page linked to does not correspond to what appeared in the list.

Many people here at the BP forums say that having a bulletproof lease is essential.

Since it doesn't apply to me, I haven't tried to understand exactly how this works.Something to keep in mind is that wholesaling is essentially the same as running a shoe store.

The qualifications to call yourself an investor or an agent are essentially the same, NONE.

Hello, there are resources on this site, www.biggerpockets.com which provides information on tenant screening, Tenant screening is an essential part of being a landlord.

So essentially, I should have ARV, possible cash flow, and rehab estimates?

I tend to use 40% of rent for expenses and just want to be above break even, essentially for the same reasons you state.

The problem with that is that the economy uses fractional reserve banking, which is essentially leveraging the entire economy.

But then it occurred to me that they had essentially prevented me from borrowing any more money because they probably don't have the money to lend.

Obviously any shareholders of these banks will be totally screwed and their shares will be essentially worth nothing.