I picked wholesaling because it seems from my research there is little to no risk and the capital to start is pretty low ($10 to $1000 if not in the hundreds).

Yet with all these problems we have had with the new washer, we had to dispute the credit card payment especially in light of the fact that the service technicians couldn't put a finger on what was causing the the start light to come on at random times.Not happy with the Los Angeles area Speed Queen distributor sales manager at all. 

Hard/Private money is great if you find the "right lender" and terrible if you pick the wrong one.

And be prepared to discover that employment verification has been outsourced by some employers to some third party operation such as The Work Number - and that these third party operations charge a fee (roughly $20) to verify employment; so do you pick up the cost for that, or are you planning to pass that along to the applicant?

Pick from those that are younger so they are still in the business when you're not. 

Sometimes, you pick your battles and what is really worth your time and energy to fight.

The price is an attractive one and so I can see the reason for their refusal.I spoke to my broker and he was accommodating to the idea of him being my agent and so it looks like I should be picking up the commission.  

The $15 we put was a conservative random bill that my REA said could come up say for like some lights outside the house that may not be included in a the meters, but we are actually thinking that this expense will not exist.I think what I'm looking for is some guidance on what these numbers mean and how they will benefit/hurt me if I go with the purchase.

Just curious, how did you pick Birmingham, AL as a place to invest? 

I picked up a foreclosure as a result of getting informed on bp.