I'm even a bit behind you on knowing *how* to get a wholesaling approach started.

Have any of you ever tried this approach?

Look for members with the SRA designation.

Wondering, have you approached your neighbors about buying it?

The rest of my properties are duplexes and I like the long term value in renting my properties out, so I favored that approach and the rental offer pushed me over the edge.

In my area, depending on my volume of leads and my time available, I would approach the seller and let them know this information.

A balloon or ARM loan is also likely.One approach is to do a syndication.

I enjoyed the process and have always enjoyed creative design and making things look better than they were before.

I would find where #2 bought and then hit the same general area to tie something up and then approach them with would you be interested?

Forst off, IF you expand your farm area, you must make certain you repeat the process of completing your due diligence in the new market area as I directed you to do at the start.Second, rather than go down that road, perhaps open up your current farm to a different approach, i.e. direct marketing to motivated sellers like absentee owners, vacant homes, pre-foreclosures, divorce leads, etc.