Supply is extremely low here relative to demand and finding a deal on the MLS by yourself is going to be virtually impossible. 

That or maybe refinance, interest rates are extremely low.

It seems like a simple enough investment vehicle with the potential for some great returns with relative low risk and not an extremely high learning curve.Is there anyone on here who has experience with this kind of r/e investing?

They promised great returns upfront then basically pulled a bait and switch when it came time to pull the trigger. 

Hi @Mitch Messer, The tips were extremely helpful.

I get several calls a month from "wholesalers" claiming to have deals that are way over priced...While I think being determined and persistent will help you, don't quit your day job to do this.I think wholesaling can be extra income but finding the deals to do it full time is going to be extremely hard now a days...just my opinion... 

The process of dealing with the government was also extremely slow. our potential tenant was going from a county to city limits voucher, and it took 2 weeks longer than the 4 weeks HUD proclaims it would... communication with the gov can be difficult as well.

Hey @Roni Elias, thanks for the article, it's extremely helpful.

With new things I'm typically a very hands-on learner, preferring an observe-replicate-innovate sort of model, so I'd love to start meeting investors and watching deals go down to see what's working in the Northwest Phoenix/Glendale-ish area where my wife and I own our home.I'm excited to start meeting people, continue learning, and hopefully pull the trigger on a deal in the next few months!

We are extremely frustrated with the length that it has taken us to get certain approvals.