LOST: Wholesaler Basics

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Hello,

Okay, I've been reading here, searching and I still have some questions and fogginess about wholesaling, probably real basic to many, but nonetheless, I need to know. In a nutshell, as a wholesaler, my plan is to get the property under contract, with a consideration fee, let's say 10.00. I then find a buyer to sell/assign the contract to, and collect my fee at closing. I have read a lot of different how-to's from this simple description to having to appraise and inspect, open title and buy comps before assigning the property at a cost to me of at least 1000 after all is said and done from what I gather. My concern is this, I've read in many places that this process does not take any money out of pocket for me except some advertising cost and my consideration fee. Am I missing something? Do I really have to go to the added expense of appraisal, inspection, title searches and comps on all my wholesaling deals for them to sell and for me to make money? I really don't have any money for these high expenses, my day job will bankroll my advertising and consideration fees until I get off the ground with a few deals. I've listened to several 'investors' on Wholesaling, none of them say the same things. I really need some consistency from someone who is doing deals right NOW in real time. Any help available? I appreciate it very much, thank you. -Timo