@Lodina Cokleywhen @Jay Hinrichs says unsophisticated don't read it as he's saying YOU are unsophicated. his point (and a good one) is that commercial properties are generally owned (or represented by) more knowledgable owner/investor/agents who will spot a wholesaler from a mile away. like both folks before me stated, they'll require a POF and scrutinize that even before reviewing a LOI.Unrepresented residential homeowners are generally more flexible with the terms because they don't understand the process or right questions to ask to check it's actually you making the purchase.

Make sure you are using good % for your capital expenses, monthly maintenance, vacancy estimate, and property management fee on top of your taxes and insurance.

 I live on a 2 homes on a lot with my owner my landlady in the front house me in the back,Okay I got permission from my landlady to go ahead and put up a 16x 48 in pool then she's later comes to me telling me I need to get renters insurance and I need to put a gate with a lock. 

I use them for insurance and have been happy with the service, but hear they can be slow to close during the home-buying process.Are there any neighborhoods i should be focusing on to maximize returns?

This will cover just about any problem that would not otherwise be covered by insurance. 

ØI also tried with my insurance as well to reimburse and you did not give the proof of leakage which is required by the insurance, so they rejected the claim.

My only expenses are $35 for insurance.

The damage done to roof with mounting and other insurance issues usually outweighs any positives.Sounds like they have a company exec or hired contractor to call on possible sites and see who they can get cheap rent from. 

Recently a lot of home owners are tearing down their 75 year old homes and building huge houses.

Luckily I was still able to do a first time home owner buyer program, I believe it was called Home Possible, which I put 5% down.