Other than the normal trickery of dealing with HOA's, there is nothing different in the approach to wholesaling.

In some areas garnishing paychecks is normal for child support to make sure the child support payment stays up to date. 

One tip that I picked up here is while you are starting out and saving money for your investments, start driving / visiting areas you would like to invest in so you get a feel for prices, rents , house conditions etc, and visit and look at lots of homes and open houses so your eye get used to looking at repairs / upgrades that are normal in a particular market.

One tip that I picked up here is while you are starting out and saving money for your investments, start driving / visiting areas you would like to invest in so you get a feel for prices, rents , house conditions etc, and visit and look at lots of homes and open houses so your eye get used to looking at repairs / upgrades that are normal in a particular market.

You need to make rent close to the fair market rent for the property, the rest or overage can go toward the option.To level the deal, if needed, give credits to the buyer of up to 3% of the sale price in the closing costs normally paid by the buyer.Interest rates are irrelevant on the seller's side the buyer is not assuming the loan.Don't attempt to wrap the mortgage as a subject-to deal as this is a lease and an option, you can look at principal reductions and apply that to the option, but again, you will then be accepting payments on the option and that is seller financing.

If they are at least playing in your ball park (price wise) move forward with more research, finding buyers in the area, etc.Generally, these types of leads for me turn to nothing because I am indeed offering very low - lower than normal because I don't know the area and I have to be extra conservative.

I can tell you what we normally look for in a SFR is 3 bedroom 1-1.5 bath around 9-1200sqft.

what would the numbers look like at normal rental rates....not good I imagine.  

Being in my early 50s and having saved using only a standard 401k, I have always realized that it will not be enough for a reasonable, normal retirement.

We dropped the last 300 from our batch and have had 12 calls already this week.Disclaimer****I will caution though that from my understanding it's not normal to necessarily get a deal on your first drop.