We put $16,000 into another persons building, and signed a 3 year lease, with 5 additional extensions.

Not very much video if at all.This has been studied extensively by the marketing gurus.  

Regardless, I don’t believe the MLS is a fertile ground for wholesaling properties as wholesalers tend to add value when they deal with properties that brokers can’t, or don’t want to sell, such as those in war zones, very low priced, or needing extensive repairs.

@Dalvin Solomon I'm not familiar with your particular market and how they conduct the sheriff's sales there.

As you can see, I learned some painful lessons about extension fees on most of these. 

@Scott Anderson- I was able to speak with someone yesterday and worked out an extension in the escrow balance amount for 3 years which helped, but the payment is still $400 more per month than my current payment even with the extension. 

You could ask the seller if they would be willing get the extensions as part of the contingency.Bank financing will depend on the property, the tenant mix and your financials.

Purchase price: $75,000 Cash invested: $40,000 Property was purchased as a short-sale and extensively rehabed prior to renting.

I needed a break from extensive renovation.

You need to conduct a background check and credit check to see if any other addresses appear they “forgot” to list a landlord they rented from.