As I'm awaiting possibly my first wholesale deal to happen I'm keeping my eyes peeled for some potential flips.

This has opened my eyes to the possibilities that Real Estate offers.

These are the things you don't want to guess at because sometimes the results will be eye opening & contrary to what you think makes sense.Sometimes the most valuable letter is the mail that is "returned to sender".

Have my eye on my next deal and (since I'm not an agent) there's not a ton for me to do in the sales process of the current property.

So at my last interview with the Vice President I was out of gas, and I just remember looking over at him and saying, "Chris, I'm going to look you in the eye right now and tell you I CAN DO THIS JOB"Boom, offer letter next day.

Because, when we give with an eye toward what we will get in return, it ceases to be giving and becomes a form of lending.It's sad to me, that when I help someone, they so often ask how they can repay the favor.  

If you "fix" the plumbing at your own expense yet the landlord does not approve, and the lease says that you are not to make any changes, you could be held liable even though in your eyes you improved the property.

Better than bank deposit rates or a sharp stick in the eye!  

Some sellers are fine with getting an income stream because it's easier on their taxes, better return than they can get in the bank and they just need a monthly check to supplement their income.But maybe this seller has their eye on a retirement home on a lake somewhere and needs a large chunk of money for that.

I know how to spot some of the more obvious, glaring problems when walking through a potential investment property, but what are some of the more subtle things to keep an eye out for?