I simply did not have time to rehab a home, manage it, screen tenants, etc.  

The majority of people fail simply because they never begin.

. - to be good at it OTH is a different story); there wouldn't be anyone doing it if there was simply nobody on the other end buying?

It's simply not necessary.

(It is hard to keep up with the rules on secondary market loans so I may be wrong about that.)I would suggest putting together a more formal proforma rather than simply relying on the 1% rule.

I honestly don't think caulking around the sink, paint patches from holes on the dry wall, oil hinges, cleaning and basic maintenance would cost that much.

It simply spreads those costs out via a premium.In general, insurance is for events that you can't self-insure through.  

Generally, a wholesaler never actually owns the piece of property they are selling; instead, a wholesaler simply finds great deals using a variety of marketing strategies, puts them under contract, and sells that contract to another for an "assignment fee."

The best way around the fence issue is to simply disclose this information when marketing the property.

A purchase is a purchase and has value as does a beautiful kitchen, gorgeous pool and spa or simply new paint.