I'm guessing worst-case scenario, I could just birdog it to someone in the area who specializes in REOs.Lastly, in general, what's the order of business you guys follow when you spot potential deals solely from riding around?

Bill and JScott's answers are spot-on.

I think Jon knew what you meant and his response is spot on.

Well he did get the spot.

Ive eaten her portion for 2 months, due to the circumstances, which is putting me in a bad spot as well due to short term note with HML, and me paying all the utilities, now HUD sent me a letter of cancellation without much info, called they said shes being investigated by CPA and kids look like they will be taken therefore her HUD will most likely going to be canceled since she wont have the kids.

. :)Spot on!

The biggest, easy to spot differences: wholesalers get properties under contract and brokers don't, brokers are licensed and wholesalers are not.

@Charles - Your definition and plan: Both are obvious you spent some time "thinking" about it, both are well written and in my opinion, spot on.

Received a description of a house and dont know this statement: "has newer windows three with bb holes" also this statement is a mystery for me: "updated electric ran no plug ins or fixtures in spots".Even with translator I have no clarity.Thanks in advance again.

You can't base rent solely on sq footage.That is a massive mistake.You can have retail spaces exactly the same and one is way off the corner and the other is close to the corner and gets 20,000 cars a day to your side street of 800.There is a foreclosed strip center that is brand new put in a crazy spot that won't get close to market rents.Have you talked to the existing tenant and do they plan to renew and if not what problems have they faced??