We do periodic inspections and charge for damages as the occur or as they are discovered.

I imagine a good bit can be made even part time...assuming you do a good job (as you say)...Of course, to do a good job, you're probably looking at 1000-2000 hours of study, research and intensive learning. 

Hello,I have been studying REI for about 6 months, and I have designed a goal: I want to buy and hold properties to create long-term wealth.

Contingencies do weaken offers, but their purpose is to provide a safety net for what you might discover in due diligence.

I spent about 6 months researching, studying buy & holds, flips, and wholsaling.

I also just started marketing 4 days ago but studied hundreds of hours. 

I am happy to have discovered Bigger Pockets and I'm pleasantly surprised at what a great guy Brandon Turner seems to be, a great host and very pleasant to listen to.Re: Wholesaling & Flipping Leads.  

These fines were not discovered until the day before closing by our buyer's attorney, who just happened to run a municipal search using the previous owner's name in addition to the property's address.  

After doing some digging through online records I discovered that the owner passed away in January 2014, but left no will, and had no spouse or living relatives.  

Study the market that you want to be in. http://www.apartments.com/starreport/dma.aspxhttp://www.cityrating.com/joboutlook.asphttp://www.greatschools.org/http://www.dataplace.org/http://www.crimemapping.com/ 2.