First, let me say wholesalers are in business because there is a demand for wholesalers, and they are  unwanted houses, so  with that--  I think it's good for the economy.I think it's because there is no regulation, no standards, no moral grounds, if anyone can be a wholesaler..  

My offer, if it were my deal, wouldbe no more than:Gross income 50,000-15,000 maint & vacancy-5,000 management-18,000 hard costs (no insurance)-6,000 insurance-14,400 profit (100/mo/unit)--------------58,000OOPS, I can't offer on this property, it's upside down.Now, in my market, a 1br apt rents for 450 plus utilities, so the 330's are probably dead low...but on given numbers I'd stay away4,000 30000In my market, one of the few I've found you can get cash out each month, here's my basic formula:Total rents-30% for Maintenance and Vacancy-10% for management (even if I'm doing it, it has value)-$100/month profit PER UNIT- all hard costs (except mortgage)The remaining number is how much I can spend on a mortgage...and therefore gives me the value of the property

No, not really, at least no more so than the rest of this process has been, I know a little about how prepayment works, how I would handle it if it were to come up in the future.

Regardless of what the Seller says, the MAX value of these homes is no more than 36 mos. x home rent, and that's if the tenants agree to pay for maintenance and repair.

The tried and true way is to purchase a off-market property, rehab for no more than 75% ARV, refinance to get your money out or payback the private hard money loan - start short-term leasing the property.

They have fear over making decisions that aren't so cut and dry.For instance, Austin, TX has an ordinance which states "no more than 4 unrelated adults may live in a property zoned as residential".

"Hit the road Jack (Jane) and don't you come back no more, no more, no more, no more, hit the road Jack and don't you come back no more!"

A popular rule is no more than XX% of units can be rentals.If you are allowed to rent it out, look at other rents in the complex.

You WILL hear the word NO more than yes.

I don't want to pay $950 for inspections on a property if the deal has no more room for negotiation on behalf of the seller... they did accept the first offer of $300k when it was listed for $350k but it had been on the market a long time.I do believe that the inspection will already give us reason to go back to the negotiating table as I've already seen the inspection the seller has had completed.