Let them know you intend to sell it for a profit (add a clause stating such in the contract) and that during the contract period before closing you will be exercising your right to advertise the proerty.

Disclose Disclose Disclose.1) Make sure everyone in the transaction knows that you intend to purchase the property within the stipulated period and sign an agreement to that effect.  

It is a 30 year loan, but can change after fixed period and has a ceiling/cap.

The only problem is that I am not sure if the bank will allow me to do a cash out refi because technically I don't have a steady income, since my wholesaling paychecks come in chunks and are not guaranteed.  

I know everyone wants this, but I may be willing to pay a little more and I do not necessarily need guaranteed appreciation.If the deal does not make perfect sense then I will stick to my current strategy of buying locally, trying to break even and counting on appreciation and mortgage pay down. 

Do you have emails with MLS search criteria forwarded to you that you periodically browse, search zillow/trulia/realtor.com etc?

You are paying it in cash flow and/or reserves if you loose your tenant and have a period of time with no rent.

I have an engineer that does phase one, site inspection, and cost reserve stable for one price.Cost for everything above is in the thousands on average.Even if NNN with no landlord responsibility we still get the inspection as part of DD process.If the tenant doesn't renew it is important to know right before the option period kicks in how much life is left on roof, mechanicals etc. as in addition to the TI costs to re-tenant you can get hit with a lot of other capital costs.Lender is going to order a PCR site inspection report whether the buyer wants to or not.

CCR reflects the ratio of cash in and out...period.

I have no guarantees ever, but I am greatly increasing the odds of failure buying in a flood zone.