Mike,If you are going to be doing a lot of wholesaling of commercial properties, you might want to look at a software package called ProAPOD.

With 11 months rent (and I am guessing $1,500 in expenses) his ROI for the 11 months it rented was 15% (these #'s are just esimtates, I have exact #'s on my Property Management software that I could pull if you like).

I am happy to share my experiences and even some tools I developed for myself.

I am in Southern California, I currently work for a RE Developer and going nowhere fast.

These are new developments so it comes around a year later when it finally causes a backup or overflow.

In some areas farmers are buying back land they sold to developers several years ago for 25-50% of the prior sales price.

This is a key skill you will want to develop if you wanna play in the rehab market.

If you trying to become a serious investor, work on developing the tools you need for yourself which is figuring out how to evaluate real property and not be so dependent on a real estate agent for all your answers who may not know more about the topic at hand than you.

Every broker and developer that comes by starts off with how bad things are, and how I should be glad to be getting anything.Thoughts

As you develop a better understanding of your strategy, make sure to post your questions on the forums and get involved here at BP.