Fyi, one has an fmv of apx 120k, while the other (bought as a sort of test case) is only worth about 50k, but they are a dime a dozen.

I just joined and I have my first appointment tomorrow with a motivated seller, I will also be meeting with an attorney and hopefully getting it on contract to wholesale.

One of my key take aways was NEVER to make a blind offer to a motivated seller.... ask me how I know. :( I almost missed out on this deal entirely!!

I have thought about consulting, being a financial analyst, investment banking, and all sorts of stuff.

Both were really motivating!

I wouldn't sweat it- he obviously isn't motivated.

So far a great read - motivational, vital info, and a must read. 

We've exchanged a few emails and he sounds like a very motivated seller.

Hey biggerpockets, I finally bought my first list to market to motivated sellers, I am mailing only to out of state absentee owners with 60-100 percent equity who own property within 10 miles of my town.

I am going to have to purchase this property using a FHA loan, and am afraid that once I get the Appraisal and Inspection, that they will not Pass this property due to the wiring.There is no way to " Hide " the wires either, since there is nothing to run them behind, I.E. sheetrock .Has anyone ran into this sort of problem , and is there a possibility that I may be fine, and that it will pass for an FHA loan ?