Once you get comfortable with the basics, then you can look into purchasing a property that requires more work.

@William PaceI would definitely check out Josh Dorkin's blog article on the basics of wholesaling.

He also does  basically unlimited follow up calls.

an idea that I had, but havent tried yet is, talking to people in preforeclosure. and offering to rent out their rooms (basically making yourself a property manager.)

We found a tenant pretty quickly on our own and they stayed for 3 years basically trashing the place.

A basic 2 bedroom with a washer/dryer, cable/wifi, full kitchen goes for $350/week. 

I'm basically trying to ascertain whether it would be cheaper to do something like this with the modular home or to build a stand alone from scratch/finish a basement for ADU purposes. 

Obviously in Houston most would prefer a large home for that price, but there are still plenty that prefer condo lifestyle with no home headaches but there's one for sale right now over $5M in my building a little bigger3) David -  Like I mentioned mine is many floors higher as a comp that sold a few months back that was basically stock from the developer, mine is upgraded significantly and higher, but of course that's irrelevant now as that one sold at the time and ours has not.There's really no rhyme or reason in this end of the market, I don't expect a quick sale from my realtor but it has been nearly a year, at some point you just begin to blame the person in charge of selling it for not marketing it properly,etc.

Hi everyone, some basic questions as I try and learn some of the basics.  

I am basically learning about the wholesaling.