Some of my personal worry is that the deals will eventually dry up, and I'll kick myself for not taking on as many mortgages/refinacnes as I can, and buy as many as possible. 

He said the unit was dry and that is why it cost more than usual.

What will you do if your rental market dries up?

Even in a dry market. 

this one actually came a few weeks ago. it's an interesting story.i was on vacation with my son in florida while my wife stayed back during the xmas holiday to rent out 3 houses. we had just fired our agent who we used to just list and show the houses on the MLS.anyway, while i was in florida i saw a 2k sq ft house in livonia that had an in-ground pool. the house showed super rough and the pics were terrible. it was listed for 189.9ki texted my wife and said "go and buy this house". she called the agent and he said "been on the market for 3 weeks, no calls. has 5 bedrooms".we had been looking for a long time for a larger home for us and she jumped at the chance to see it. it ACTUALLY Has 6 bedrooms, not 5. the listing was wrong.i offered 100k, no inspections. they came back at 132. we settled on 122k, pulled a loan so that we could preserve the rest of the cash for the future purchases. closed 4 weeks later (mid february)ARV on this house is close to 230k.I knew i could not start working on this house until about June. i also knew that it would take about 30-40k to fix it how i want it fixed for us to move in there, so that meant we could move there in august.2 weeks ago we went out to dinner and while driving i had an epiphany. i told my wife, "we will rent this house AS IS, no updates besides filling in the pool for $1,300. rent it for 1 yr, while the MLS dries up". this house updated could rent for $1,800-$2,100 per month.she texted immediately tenants in #4 and offered to them to move in this large house since they need the extra room. they signed a 2 yr lease last week and they are ECSTATIC.I will rent #4 and increase the rent from $1,100 to $1,300 since they have been there for 4 yrs.the tenants already resurfaced the floors at #25, will put pergo in the living room and change carpet upstairs. here's the pool - all 41k gallons of it. 2" pump is about to pump it out.here it is uncovered, pumping away.here is my concrete guy who is filling this pit as i type.the moral of the story.... just have multiple options. and be patient. is it nice to have a huge house so that you can spend 10s of thousands to fill it up with furniture?

Did you do anything other than write your name on a few pieces of paper and receive a set of keys to a safe, warm dry place to live?

Often, you won't even get past the second email - once it becomes clear that you want to come lay eyes on the product, communication will dry up, excuses will be made, etc.

I'm going to assume that the OP was referring to painting the upper part of the dry wall as, many showers I've seen, not all, but some, do not heave the tiling or bath tub lining all the way up to the ceiling.

Just needs new interior paint, I was going to replace the countertop because the cabinets look in great shape, new appliances, rip up the ugly carpet and tear off the ugly wall paper, and just a few patches in the dry wall.

I think by saying MAY BE INTERESTED covers that...There are lots of shady wholesalers who don't know what they're doing and leave a lot of sellers out to dry, but the ones who have integrity and are honest are helping lots of motivated sellers move their homes and are getting them the money they need.