Many pros, but also many cons if you are not prepared.

I'm going to break into real estate with wholesaling - So, I've been working on smoothing out my business...creating my systems....building my connections and network, and preparing to start advertising for sellers....

He stated That I seemed very prepared and my organization and presentation along with solid numbers made it very easy to approve me for a loan.

Usually you can buy out the earlier investor's rights pretty cheaply (after all, they quit paying the taxes and were mentally prepared to never get their investment back) and get a tax deed that much more quickly, and also get rid of potential redemptioners.

Some say cash sitting and not at work is a travesty, some say it’s smart planning and preparing.

When people ask what happens if the prices go down, I say be prepared to buy more.

All in all, you'll likely get a discount on the property because of the zip code but be prepared for high needy calls and installing some extra safety measures to protect yourself and your guest. 

Have your own FICO score pulled and be prepared to take notes. 

Should I prepare to put down an extra 10% to secure a mortgage upon closing or will the 20% down payment pretty much guarantee me a mortgage? 

Always best to have your business attorney prepare this for you.